Manjushree Finance earns Rs 90.84 lakh in Q1, NPL decreased to 3.33%

Manjushree Financial Limited (MFIL) has posted net profit of Rs 90.84 lakh in the first quarter of the fiscal year 2073/74 compared to Rs 90.86 lakh in the corresponding quarter of the previous fiscal year. Its net profit has decline by 0.02 percent in the first quarter of the fiscal year 2073/74. Publishing its unaudited quarterly report for the first quarter today, the finance company has stated that its net interest income has increased to Rs 2.18 crore in Q1 from Rs 1.86 crore in the corresponding quarter of previous fiscal year. The paid up capital of the finance remains at Rs 25.06 crore and has reserve of Rs 12.83 crore. Manjushree Finance has collected Rs 2.08 arba in deposit in Q1 as compared to Rs 2.01 arba in the corresponding quarter whereas the loan & advances has also extended to Rs 2.32 arba from Rs 1.79 arba in corresponding period of previous quarter. The company’s non-performing loan decreased to 3.33 percent from 4.74 percent. Its annualized EPS stands at Rs 14.48, net worth per share at Rs 151.21.18 and PE ratio at 29 times.