Central Finance reports massive rise in profit in Q1; EPS and Net worth per share stand at Rs 3.57 and Rs 121.49 respectively
Tue, Nov 13, 2018 8:35 AM on Financial Analysis, Latest, Stock Market,

Central Finance Company Limited (CFCL)’s net profit has massively increased by 243.55 percent for the first quarter of FY 2075/76.
The published unaudited financial report today has stated that the net profit has increased from Rs 21.40 lakhs to Rs 73.52 lakhs.
The finance has accumulated deposits of Rs 3.18 arba with the growth of 10.79 percent while its paid up capital is at Rs 82.33 crore. The reserve and surplus have increased from Rs 15.94 crore to Rs 17.69 crore with the growth of 10.99 percent.
Earning per Share (EPS) of the finance stood at Rs 3.57 while its Net worth per Share is at Rs 121.49.
Major Highlights:
Particulars (In Rs '000) |
CFCL |
||
---|---|---|---|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
Paid Up Capital |
823,398 |
520,663 |
58.14% |
Reserve & Surplus |
176,989 |
159,458 |
10.99% |
Deposits |
3,181,019 |
2,871,209 |
10.79% |
Borrowings |
21,409 |
19,479 |
9.91% |
Loans & Advances |
3,181,019 |
2,871,209 |
10.79% |
Net Interest Income |
20,291 |
11,980 |
69.37% |
Provision for possible losses |
1,809 |
655 |
176.18% |
Operating Profit |
10,950 |
3,364 |
225.51% |
Net Profit |
7,352 |
2,140 |
243.55% |
NPL (%) |
0.71 |
1.87 |
-62.03% |
Annualized EPS (In Rs.) |
3.57 |
1.64 |
117.24% |
Net Worth per Share (In Rs.) |
121.49 |
130.63 |
-6.99% |