Despite Growth In Core Business Revenue, ICFC Finance Limited Reports Decline in Net Profit By 20.21%; EPS at Rs. 17.80

Fri, Aug 5, 2022 2:13 PM on Latest, Financial Analysis, Stock Market,

ICFC Finance Limited (ICFC) reported a Net Profit of Rs. 20 crores in Q4 of FY 2078/2079. This is a decline of 20.21% compared to the corresponding quarter of the previous year.

It reported a net interest income (core business revenue) of Rs. 47.06 crores in Q4. This is an increment of 49.19% compared to the corresponding quarter of the previous year.

The finance has collected deposits of Rs. 17.71 Arba while it has mobilized loans and advances of Rs. 14.30 Arba till Q4 of FY 2078/2079.

ICFC Finance has a paid-up capital of Rs. 1.12 Arba and reported Rs. 49.7 crores reserve and 11.8 crores in retained earnings in this quarter.

The Earnings per Share (annualized) stood at Rs. 17.80 and net worth per share stands at Rs. 154.64. The Company traded at a P/E multiple of 25.28 times.

Click here for the Q4 report

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