Goodwill Finance net profit surged to 14.26%

ShareSansar, July 28;

Goodwill Finance Limited has reported a profit rise of 14.26 % in the fourth quarter of the last fiscal year 2071/72.

According to the unaudited quarterly report for the fourth quarter today, the company has accumulated   net profit of Rs 6.52 crore in the fourth quarter, up from Rs 5.70 crore in the corresponding quarter of the fiscal year 2070/71.

In the fourth quarter, the company’s net interest income has risen to Rs 13.77crore, up from Rs 7.91 crore in the corresponding quarter.

It also mobilized Rs 3 arba 20 crore in deposits and extended Rs 2 arba 46 crore in loans as compared to Rs 2 arba 87 crore in deposits and Rs 2 arba 26 crore in loans reported in the corresponding quarter of fiscal year 2070/71 respectively.

 Its non-performing loan has reduced to 1.22 % in the Q4 of 2071/72 from 1.59 % in the corresponding quarter of fiscal year 2070/71. Its CD ratio stands at 69.65%.

Its EPS (annualized) now stands at Rs 19.76 and its net worth per share is priced at Rs 135.01.