Manjushree Finance aces by 169.44% profit in Q3, NPL stands at 4.25%

Manjushree Financial Institution Limited (MFIL) has posted massive profit rise of 169.44 percent in the third quarter of the last fiscal year 2072/73. Publishing its unaudited quarterly report for the fourth quarter today, the finance company has stated that it earned net profit of Rs 3.30 crore in third quarter, up from Rs 1.22 crore in the corresponding quarter last fiscal year. The paid up capital of the finance remains at Rs 25.06 crore with reserve of Rs 6.51 crore. Manjushree Finance has collected Rs 2.04 arba in deposit in Q3 as compared to Rs 1.83 arba in the corresponding quarter whereas the loan & advances has also extended to Rs 1.87 arba from Rs 1.67 arba in corresponding period of previous quarter. Its net interest income also has increased to Rs 6.95 crore in Q3 from Rs 4.19 crore in the previous fiscal year. The company’s non-performing loan stood at 4. 25 percent and CD ratio at 79.16 percent. Its EPS (annualized) stands at Rs 17.56 and net worth per share stands at Rs 126.01.Its PE ratio is 13.04 times.