Manjushree Finance Limited profit accounts to Rs 10.84 crores

Manjushree Finance Limited (MFIL) has posted net profit of Rs.10.84 Crore in the fourth quarter of the FY 2075/76; increased by 11.75% as compared to the net profit of the corresponding quarter.

As per the unaudited report published today, the finance has shown operating profit of Rs.16.54 Crore in the Q4 of FY 2075/76 which increased from Rs.12.63 Crore posted in last year’s corresponding quarter.

The finance has collected Rs.7.30 Arba in deposits and disbursed Rs.6.55 Arba in loans in the fourth quarter as compared to Rs.6.07 Arba in deposits and Rs.5.18 Arba in loans in the corresponding quarter last year. The finance further has the due provisioning of Rs.5.50 Crore; increased from Rs.1.17 Crore of last corresponding quarter.

Its current paid up capital stands at Rs.80.40 Crore with reserve of Rs.21.45 Crore.

Its annualized EPS stands at Rs.16.56, net worth per share stands at Rs 138 and P/E ratio of 7.85 times by the end of the fourth quarter.