Goodwill Finance publishes third quarter financial highlights; EPS stands at Rs.5.25 and net worth per share at Rs.119.51

Goodwill Finance Limited (GFCL) has shown slight increment in net profit by 16.15% percent in the third quarter (Q3) of the fiscal year 2075/76.

Publishing the unaudited financial report for the third quarter today, the finance company stated that its net profit increased to Rs 3.14 crore in the Q3 of fiscal year 2075/76, from Rs 2.70 crore in the corresponding period of the previous fiscal year 2074/75. However the net profit have fallen compared to the previous quarter of the current fiscal year. The net profit was previously at Rs 3.22 crore.

Similarly, its net interest income has increased from Rs 9.24 crore in corresponding quarter to Rs 16.36 crore in the Q3 of this fiscal year.

Its paid up capital remains at Rs 80.00 crore with reserve of Rs 15.61 crore in Q3.

The company has collected deposit of Rs 6.91 arba in Q3 of fiscal year 2075/76 increasing from Rs 5.12 arba in the corresponding quarter of the previous fiscal year 2074/75.

The company has borrowings of Rs 32.18 crore in the third quarter, up from Rs 27.14 crore in the corresponding quarter. Likewise, it has extended loans and advances of Rs 5.70 arba in Q3 whereas in the same period last year the figure stood at Rs 4.35 arba.

Its annualized earning per share (EPS) stands at Rs 5.25, net worth per share at Rs 119.51. The finance company posted annualized PE Ratio of 23.26 times.