Gurkhas Finance reports net profit of Rs 6.12 crore and annualized EPS of Rs 14.13 for Q2
Tue, Feb 4, 2020 12:12 PM on Financial Analysis, Latest, Stock Market,
Gurkhas Finance Limited (GUFL) profit has increased by 0.488% from Rs 6.09 crore in the second quarter of the fiscal year 2075/76 to Rs 6.12 crore in the second quarter of the fiscal year 2076/77.
The finance company’s deposit from customers decreased to Rs 6.67 arba whereas loans and advances to customers increased to Rs 5.73 arba till the second quarter. The net interest income of the finance has increased to Rs 17.28 crore from Rs 7.54 crore of the corresponding quarter.
Gurkhas Finance’s paid-up capital stands at Rs 86.65 crore with Rs 62.98 crore as its reserve and surplus. Its retained earnings is still negative by Rs 6.61 crore.
The Non-Performing Loan (NPL) is still in the higher side of 4.26% and the capital adequacy ratio is at 16.82%. The base rate is 12.76 %.
In the second quarter, the annualized EPS stands at Rs 14.11. The net worth per share stands at Rs 167.36 and PE ratio stands at 8.58 times.
