Guheswori Merchant net profit decreases in Q4

ShareSansar, August 5:

Guheswori Merchant Banking and Finance Limited (GMFIL) has earned net profit of Rs 5 crore 4 lakh in the fourth quarter of the last  fiscal year 2071/72.The net profit in last fiscal year decreased from Rs 5 crore 80 lakh as in the corresponding period of the previous fiscal year.

As per the press release published today, the finance company has gained the operating profit of Rs. 4.47 crore and mobilized Rs 1 arba 34 crore  in deposits and disbursed Rs 1 arba 22 crore in loan and advance.


The company’s paid up capital remains Rs 25.53 crore.  Its net interest income stands to Rs 5.18 crore. The company’s non-performing loan remains at 0.80 % whereas the CD ratio is 72.40%.

The EPS stands Rs 19.75 with Net worth Per Share and P/E ratio  Rs 139.05 and 11.80 times respectively.

The company, promoted by local reputed businessmen, entrepreneurs, educationalist, intellectuals, bankers and ex-bureaucrats aims to develop the existing financial institution to a national level commercial bank.