EPS of City Express Finance decreases to Rs 4.88; Net profit reported at Rs 80.10 lakh
Wed, Jan 16, 2019 8:20 AM on Financial Analysis, Latest, Stock Market,
City Express Finance Limited (CEFL) has published unaudited financial report for the second quarter today.
It has stated that its net profit as Rs 80.10 lakh from net profit of Rs 2.82 crore reported in the corresponding quarter of the previous fiscal year 2075/76. Similarly, the Earning per Share (EPS) has diminished to Rs 4.88 from Rs 20.18 last year.
The finance company’s deposit collection has increased to Rs 5.74 crore in the second quarter of the fiscal year 2075/76. It has paid up capital of Rs 32.85 crore.
Due the increase in deposits and loans and advances, CEFL’s net interest income has increased to Rs 60.03 lakh from negative of Rs 75.40 lakh in the corresponding quarter last year.
Currently, Net worth per share stands at Rs 41.31 as per the second quarter report.
Major Highlights:
|
Particulars (In Rs '000) |
CEFL |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
328,533 |
280,225 |
17.24% |
|
Reserve & Surplus |
(192,826) |
(224,683) |
-14.18% |
|
Deposits |
57,455 |
33,611 |
70.94% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
93,388 |
- |
- |
|
Net Interest Income |
6,003 |
(7,540) |
-179.62% |
|
Provision for possible losses |
12,147 |
- |
- |
|
Operating Profit |
(20,651) |
(14,131) |
46.14% |
|
Net Profit |
8,010 |
28,280 |
-71.68% |
|
NPL (%) |
25.34 |
100 |
-74.66% |
|
Annualized EPS (In Rs.) |
4.88 |
20.18 |
-75.84% |
|
Net Worth per Share (In Rs.) |
41.31 |
19.82 |
108.41% |
|
P/E Ratio (In times) |
4.15 |
- |
|
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