Goodwill Finance Limited (GFCL) has registered a net profit growth of 24.91% despite a drop in operating profit by 6.07% in the second quarter of the current FY 2073/74.
According to the unaudited financial report published by the finance company, its net profit has increased to Rs. 2.97 crore in second quarter, up from Rs 2.38 crore in the corresponding quarter of the previous fiscal year.
GFCL’s net interest income has risen to Rs.8.50 crore in Q2 as compared to Rs.5.03 crore in the corresponding quarter of the last fiscal year.
As of Q2, it has a paid up capital of Rs.45.37 crore with a reserve of Rs 12.65 crore.
The bank also collected deposits of Rs 3.86arba in Q2, up from Rs 3.36 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs. 3.27 arba in Q2 whereas in the same period last year, the figure stood at Rs. 2.78 arba .
GFCL’s annualized Earnings per Share (EPS) has decreased by 0.07% to Rs 7.44 per share. It had distributed 25% stock dividend for the year 2072/73.
| Indicators (Rs in "000") |
FY 2073/74 Q2 |
FY 2072/73 Q2 |
Difference (%) |
| Paid Up Capital |
453,750.00 |
363,000.00 |
25.00% |
| Reserve and Surplus |
126,528.70 |
81,642.76 |
54.98% |
| Deposits |
3,864,883.00 |
3,360,648.38 |
15.00% |
| Loans and Advances |
3,271,687.39 |
2,787,425.08 |
17.37% |
| Net Interest Income |
85,065.39 |
50,312.19 |
69.08% |
| Provision |
36,727.28 |
1,706.67 |
- |
| Write Back |
|
|
- |
| Operating Profit |
26,796.62 |
28,529.01 |
-6.07% |
| Net Profit |
29,743.84 |
23,812.06 |
24.91% |
| Capital Adequacy Ratio |
12.23% |
14.99% |
- |
| NPL |
1.99% |
3.01% |
-33.89% |
| Base Rate |
9.55% |
10.10% |
- |
| Cost of Fund |
6.78% |
6.57% |
|
| CD Ratio (as per NRB) |
75.76% |
74.86% |
- |
| EPS (Annualized) |
13.11 |
13.12 |
-0.07% |
| PE Ratio |
43.48 |
|
|
| Networth Per Share |
127.89 |
|
|
