Manjushree Finance reports 5.27% rise in net profit for Q1 of 2076/77; Net worth per share at Rs 128

Thu, Nov 14, 2019 11:02 AM on Financial Analysis, Latest, Stock Market,

Manjushree Finance Limited (MFIL) has posted a net profit of Rs.2.75 Crore in the first quarter of the FY 2076/77. The net profit has increased by 5.27% as compared to the net profit of the corresponding quarter.

As per the unaudited report published today, the finance has shown an operating profit of Rs.3.79 Crore in the Q1 of FY 2076/77 which increased from Rs.3.59 Crore posted last year’s corresponding quarter.

The finance has collected Rs.5.28 Arba in deposits and disbursed Rs 5.44 Arba in loans in the first quarter as compared to Rs.4.74 Arba in deposits and Rs.5.16 Arba in loans in the immediate previous quarter (Q1 of 2075/76).

Its current paid-up capital stands at Rs.80.40 Crore with a reserve of Rs.18.22 Crore.

Its annualized EPS stands at Rs.13.73, net worth per share stands at Rs 128 and P/E ratio of 9.25 times by the end of the first quarter.

First Quarter Report