Synergy Finance stated net loss of Rs 3.09 crore in Q1; EPS negative at Rs 6.52 & Net worth per share at Rs 69.42

Synergy Finance Limited (SYFL) has posted net loss of Rs 3.09 crore in the first quarter of the current fiscal year 2074/75. As per the financial quarter published by the company today, it stated that the company’s net interest income has shrink to Rs 31.57 lakh in the Q1 from Rs 85.57 lakh as of previous year corresponding quarter. Likewise, it has a deposit base of Rs 1.85 arba and has extended Rs 1.71 arba in loan and advances. The deposit and loan amount remained at Rs 1.86 arba and Rs 1.54 arba respectively in previous year’s corresponding quarter. Synergy Finance’s paid up capital remains at Rs 47.44 crore with a negative reserve of Rs 6.51 crore in the first quarter. Its paid up capital will reach to Rs 80.64 crore after adjustment of 70% right shares. SYFL is under acquisition process by Best Finance Limited. Its Earnings Per Share (EPS) is negative at Rs 6.52 and net worth per share stood at Rs 69.42. Click here to see announcement: