Central Finance reports 28% decline in net profit for Q3 of 2075/76; EPS stands at Rs 5.26

Thu, May 2, 2019 1:56 PM on Latest, Stock Market,
Central Fi...

Central Finance Company Limited (CFCL)’s net profit has decreased by 28.37 percent for the third quarter of FY 2075/76.

The published unaudited financial report has stated that the net profit has decreased from Rs 4.53 crore to Rs 3.24 crore.

The finance has accumulated deposits of Rs 3.26 arba with the growth of 13.31 percent while its paid-up capital is at Rs 82.33 crore. The reserve and surplus have decreased from Rs 20.09 crore to Rs 14.33 crore.

The finance company has floated 3.04 arba loans till the third quarter.

Earning per Share (EPS) of the finance stood at Rs 5.26 while its Net worth per Share is at Rs 117.41.

Major Highlights:

Particulars (In Rs '000) CFCL
Q3 2075/76 Q3 2074/75 Difference
Paid Up Capital 823,398 672,226 22.49%
Reserve & Surplus 143,319 200,998 -28.70%
Deposits 3,261,992 2,878,844 13.31%
Borrowings 13,921 21,962 -36.61%
Loans & Advances 3,045,067 2,589,631 17.59%
Net Interest Income 119,751 85,816 39.54%
Provision for possible losses 50,873 7,908 543.31%
Operating Profit 48,815 60,008 -18.65%
Net Profit 32,467 45,326 -28.37%
NPL (%) 3.16 0.89 255.06%
Annualized EPS (In Rs.) 5.26    
Net Worth per Share (In Rs.) 117.41    
P/E Ratio (In times) 20.72