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 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 | ||
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