Citizen Investment Trust (CIT) Net Profit Rises by 17.99%; Reports Investment Worth Rs. 1.99 Kharba for Q1

Wed, Nov 16, 2022 12:36 PM on Latest, Financial Analysis, Stock Market,

Citizen Investment Trust (CIT) has reported a net profit of Rs. 23.27 crores in the first quarter of the fiscal year 2079-2080. This is an increase of 17.99% compared to the corresponding quarter of the previous year.

As per the report published by the company, the paid-up capital stands at Rs. 4.25 Arba. The share premium of the company decreases by 77.56% and stands at Rs. 28.38 Crores. 

CIT made an investment of Rs. 1.99 Kharba, which has hiked by 11.59% as compared to the relevant quarter of previous year. 

The annualized earnings per share stood at Rs. 21.90 whereas the net worth per share stood at Rs. 106.68. The company reported a Return on Investment of 9.38% which is an incline in this quarter. 

Click here for Q1 report

Major Financial Highlights

Particulars (Rs in 000) Citizen Investment Trust
Q1 2079/80 Q1 2078/79 Difference
Paid Up Capital        4,251,000        3,270,000 30.00%
Share Premium            283,878        1,264,878 -77.56%
Insurance Fund Liability            834,374            734,098 13.66%
Total Investment     199,362,972    178,649,203 11.59%
Total Income            400,676            339,700 17.95%
Administrative Expenses              71,119              57,841 22.96%
Net Profit             232,727            197,242 17.99%
Return on Investment (%)                   9.38                   7.71 21.66%
Fund to Investment Ratio (%)                 98.76                 98.73 0.03%
Annualized EPS (In Rs.) 21.90 24.13 -9.24%
Net Worth per Share (In Rs.) 106.68 138.68 -23.08%
Qtr End P/E Ratio 82.75   -   
Qte End Price 1812 -