Goodwill Finance & Guheswori Merchant reports profit growth of Rs 1.20 cr & 1.59 cr respectively in Q1; Manjushree Finance’s profit declined to Rs 66.13 lakh

Three finance companies namely, Goodwill Finance Company Limited (GFCL), Manjushree Finance Limited (MFIL) and Guheswori Merchant Banking and Finance Company Limited (GMFIL) have published their Q1 reports of the current fiscal year 2074/75 today. As per the unaudited financial report, Goodwill Finance Company Limited (GFCL) has paid up capital of Rs 72.60 crores while the reserves and surplus amounts to Rs 20.56 crores. The net profit of GFCL's stands at Rs. 1.20 crores. Previously it stood at 1.19 crores. Its non-performing loan (NPL) has decreased from 1.96% last year to 1.294.72% in Q1. Goodwill Finance’s earning per share (EPS) stands at 6.65 while the P/E is at 27.82 times. The net worth per share of the finance is at Rs. 128.95. Likewise, Guheswori Merchant Banking & Finance Limited (GMFIL) has paid up capital of Rs. 49.34 crores, while the reserves and surplus stands at Rs.22.40 crore. GMFIL's net profit has increased to 1.59 crores in the Q1 of FY 074/75, previously, the net profit stood at 1.42 crores. Its NPL has declined from 0.52% to 0.27% in the Q1 of the last fiscal year 074/75. Guheswori Merchant’s EPS stands at 12.93, the P/E stands at 15.46 and the net worth per share of GMFIL stands at 145.40. Meanwhile, Manjushree Finance Limited (MFIL) has paid up capital of Rs 72.43 crores with reserves and surplus at 10.43 crores. MFIL's net profit at Q1 on FY 074/75 stands at Rs 66.13 lakh previously, it stood at 90.84 lakhs. The NPL has declined from 3.33% on the corresponding quarter of the FY 073/74 to 1.77% on Q1 of the FY 074/75. EPS of Manjushree Finance Limited stands at 3.65, while the P/E ratio is 40.82 times. The net worth per share of MFIL stands at Rs.114.40.