General Finance’s EPS at mere Rs 0.13 in Q4; Multipurpose Finance Q4 earning rises by 24.44%

General Finance Limited (GFL) has reported Rs 87.75 percent decline in net profit while Multipurpose Finance Company Limited (MPFL) posted 24.44 percent  rise in net profit in the fourth quarter (Q4) of the last fiscal year 2073/7. General Finance has paid up capital of Rs 40.60 crore with negative reserve of Rs 11.67 crore in Q4. As per the quarterly report published today, Its net interest income surged to Rs 19.52 crore in the Q4, from Rs 8.91 lakh in the corresponding quarter of the previous fiscal year. General Finance non-performing loan (NPL) has dropped from 99.69 % in the corresponding quarter to 84.93% in fourth quarter . Its Earning per Share (EPS) stood at Rs 0.13 and net worth per share is at Rs 39.64. Meanwhile, Multipurpose Finance has paid up capital of Rs 4.14 crore with reserve of Rs 1.32 crore in Q4. As per the quarterly report published today, Its net interest income risen to Rs 1.25 crore in the Q4, from Rs 87.72 lakh in the corresponding quarter of the previous fiscal year. Multipurpose Finance non-performing loan (NPL) has dropped from 7.65 % in the corresponding quarter to 4.29% in fourth quarter.