Best Finance Company (BFC) Q4 Results: Profit More Than Doubles to Rs 16.7 crore; Operating Profit Jumps By 106.86%
Wed, Aug 3, 2022 12:17 PM on Latest, Financial Analysis, Stock Market,
Best Finance Company (BFC) has published its unaudited financial statement for the fourth quarter of the fiscal year 2078/79.
The net profit of the company stands at Rs 16.7 crore which is a huge increment from corresponding period’s loss of Rs 8.2 Crores. This is an incline by 102.96%, which is double than the last corresponding quarters’ net profit.
The finance company has collected total deposits of Rs 3.60 Arba which is 21.65% rise from corresponding period’s Rs 2.96 Arba. Likewise, BFC has floated Rs 3.21 Arba as loans and advances for the Q4 of the FY 2078/79.
It earned Rs 12.6 crore as net interest income. And it has Rs 20.9 Crore as operating profit.
The paid up capital of the company is Rs 82.8 crore. With this capital, the annualized EPS of the finance company stands at Rs 20.17 and Net worth per share is Rs 145.25.
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