Kuber Merchant Finance registered net profit of Rs 2.82 crore in Q2 after write back of provision for possible loss by Rs 3.97 crore; NPA is 100%
Wed, Jan 31, 2018 5:40 AM on Latest, Financial Analysis, Featured, Stock Market,

Kuber Merchant Finance Limited (KMBSL) has published unaudited financial report of the second quarter (Q2) of the FY 2074/75.
As per the unaudited fiscal report published today, the finance company has stated fall in its net profit of Rs 2.82 crore in Q2 of FY 2074/75 from Rs 10.49 crore in the corresponding quarter of FY 2073/74. It has posted operating loss of Rs 1.41 crore.
The finance company collected deposits of Rs 3.36 crore.
It has a paid up capital of Rs 28.02 crore and negative reserve of Rs 22.46 crore.
Its NPL stands at 100 %.
Its annualized EPS stands at Rs 37.71 and Net worth per share is Rs 19.82.
Major Highlights:
Announcement:
Particulars (In Rs '000) | KMBSL | ||
---|---|---|---|
Q2 2074/75 | Q2 2073/74 | Difference | |
Paid Up Capital | 280,225 | 200,225 | 39.96% |
Reserve & Surplus | (224,683) | (227,792) | -1.36% |
Deposits | 33,611 | 184,418 | -81.77% |
Borrowings | - | - | #DIV/0! |
Loans & Advances | - | 2,600 | -100.00% |
Net Interest Income | (7,540) | 1,855 | -506.47% |
Provision for possible losses | - | 135,586 | #VALUE! |
Operating Profit | (14,131) | (150,048) | -90.58% |
Net Profit | 28,280 | 104,973 | -73.06% |
NPL (%) | 100 | 100 | 0.00% |
Annualized EPS (In Rs.) | 37.71 | 104.86 | -64.04% |
Net Worth per Share (In Rs.) | 19.82 | (13.77) | -243.96% |
P/E Ratio (In times) | 5.46 |