Guheswori Merchant Banking and Finance Limited (GMFIL) has posted a fall in its net profit by 5.17% in the second quarter of the current fiscal year.
As per the unaudited fiscal report published yesterday, the finance company has stated its net profit as Rs 3.05 crore in Q2 of FY 2074/75 from Rs 3.22 crore of FY 2073/74. Its operating profit has increased by 1.29% to Rs 5.04 crore.
Its provision for possible losses has decreased by 58.91% to Rs 5.6 lakh.
The finance company collected deposits of Rs 2.77 arba while it floated loans of Rs 2.40 arba.
It has a paid up capital of Rs 80 crore and Rs 13.65 crore in the reserve.
Its NPL stands at 0.56% which is a decrement from previous years 0.76%.
Its annualized EPS stands at Rs 7.64 and Net worth per share is Rs 117.06.
Major Highlights:
| Particulars (In Rs '000) |
GMFIL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
800,000 |
437,780 |
82.74% |
| Reserve & Surplus |
136,503 |
159,868 |
-14.62% |
| Deposits |
2,775,262 |
2,328,446 |
19.19% |
| Borrowings |
- |
- |
- |
| Loans & Advances |
2,409,936 |
1,881,682 |
28.07% |
| Net Interest Income |
58,639 |
53,052 |
10.53% |
| Provision for possible losses |
560 |
1,363 |
-58.91% |
| Operating Profit |
50,415 |
49,771 |
1.29% |
| Net Profit |
30,542 |
32,207 |
-5.17% |
| NPL (%) |
0.56 |
0.76 |
-26.32% |
| Annualized EPS (In Rs.) |
7.64 |
14.71 |
-48.11% |
| Net Worth per Share (In Rs.) |
117.06 |
136.52 |
-14.25% |
| P/E Ratio (times) |
20.94 |
|
|
Q2 Report
Likewise,
Synergy Finance Limited (SYFL)has reported huge decrease in net profit by 91.63% in the second quarter of the current fiscal year 2074/75.
As per the unaudited financial report published today, the finance company has reported its net profit as Rs 1.55 crore from Rs 18.52 crore in the previous corresponding quarter.
Its deposit collection was Rs 1.92 arba and the floated loans amounted to Rs 1.57 arba.
It has paid up capital of Rs 47.44 crore and the report shows negative amount of Rs 7.45 crore in reserve.
Its NPL has increased by 35.24% to 27.63% at the current period.
The annualized EPS stands at Rs 6.54 and Net worth per share stands at Rs 84.28.
Major Highlights:
| Particulars (In Rs '000) |
SYFL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
474,409 |
474,409 |
0.00% |
| Reserve & Surplus |
(74,566) |
(33,773) |
120.79% |
| Deposits |
1,922,581 |
1,949,466 |
-1.38% |
| Borrowings |
- |
- |
- |
| Loans & Advances |
1,565,679 |
1,613,550 |
-2.97% |
| Net Interest Income |
24,503 |
44,061 |
-44.39% |
| Provision for possible losses |
114,201 |
28,798 |
296.56% |
| Operating Profit |
(133,627) |
(442) |
30132.35% |
| Net Profit |
15,508 |
185,187 |
-91.63% |
| NPL (%) |
27.63 |
20.43 |
35.24% |
| Annualized EPS (In Rs.) |
6.54 |
78.07 |
-91.63% |
| Net Worth per Share (In Rs.) |
84.28 |
92.88 |
-9.26% |
| P/E Ratio (times) |
20.94 |
|
|
Q2 Report
