Goodwill Finance posts annualized EPS of Rs 15.81 for Q2 of 2076/77; Net profit rises by 86%

Goodwill Finance Limited (GFCL) has shown increment in net profit by 86.44% percent in the second quarter (Q2) of the fiscal year 2076/77.

Publishing the unaudited financial report for the second quarter today, the finance company stated that its net profit increased to Rs.6.01 Crore in the Q2 of fiscal year 2076/77, from Rs.3.22 Crore in the corresponding period of the previous fiscal year 2075/76.

Similarly, its net interest income has decreased from Rs.11.78 Crore in corresponding quarter to Rs.11.54 Crore in the Q2 of this fiscal year.

Its paid up capital remains at Rs.80 Crore with reserve of Rs.35.12 Crore in Q2.

The company has collected deposit of Rs.7.92 Arba in Q2 of fiscal year 2076/77 increasing from Rs.6.26 Arba in the corresponding quarter of the previous fiscal year 2075/76. Likewise, it has extended loans and advances of Rs.6.02 Arba in Q2 whereas in the same period last year the figure stood at Rs.5.19 Arba.

Its annualized earning per share (EPS) stands at Rs.15.81, net worth per share at Rs.162.39. The finance company posted PE Ratio of 10 times.

Second Quarter Report