Despite Incline in Core Business Revenue, Multipurpose Finance (MPFL) Has Reported Fall In Net Profit By 71.11%; EPS at Only Rs. 0.90

Mon, Aug 8, 2022 12:32 PM on Latest, Financial Analysis, Stock Market,

Multipurpose Finance Company Limited (MPFL) has published an unaudited quarterly report for the fourth quarter of FY 2078/79.

The net profit of MPFL has decreased by 71.11% to stand at Rs. 40.88 Lakhs whereas the company was making a net profit of Rs. 1.4 Crores during the Q4 of last fiscal year.

Further, the operating profit of the company has decreased to Rs. 44.83 Lakhs for this quarter.

The paid-up capital stands at Rs 45.2 crore this quarter as against Rs 40 crore of the previous year's same quarter. The reserves have decreased to Rs 36.80 crore down from Rs 49.02 crore in the corresponding quarter of last year.

The deposits of the company have increased to Rs. 84.09 Crore with a growth margin of 127.46% while the loans and advances have grown to Rs. 70.9 Crore compared to the corresponding quarter-end of FY 2077/78.

The NPL of the company stands at 0.87% which was previously at 1.23% in the fourth quarter of the corresponding year. The annualized EPS stands at Rs. 0.90 with a high PE ratio of 265.38 times in Q4. The net worth per share stands at Rs 109.98.

Fourth Quarter Report

Major Financial Highlights