Mahalaxmi profit upswings by 169.39 % in Q1

Mahalaxmi Finance Limited net profit has increased by 169.39 % in Q1.The finance company has posted a net profit of Rs 1.84 crore for the fiscal year 2073/73. According to the unaudited financial report published today, the finance company has reported an operating profit of Rs 87.40 lakh for Q1 decreasing from Rs 1 crore compared to the corresponding quarter of the previous fiscal year. Mahalaxmi Finance has a paid up capital of Rs 42 crore in Q1. Its NPL has dropped from 0.94% to 0.54% . The finance company’s CD ratio is 69.41%. It’s Earning Per Share (EPS) and Net Worth remains at Rs 17.61 and Rs 148.89 respectively.