More than 20% net profit growth reported by Central Finance till the end of second quarter; deposits cross Rs.4 Arba

Central Finance Company Limited (CFCL)’s net profit has increased by 20.33 percent till the second quarter of FY 2076/77.

The published unaudited financial report has stated that the net profit has increased from Rs.3.75 Crore to Rs.4.51 Crore.

The finance has accumulated deposits of Rs.4 Arba while its paid-up capital is at Rs.82.33 Crore. The reserve and surplus have increased from Rs.14.55 Crore to Rs.16.45 Crore.

The finance company has floated loans worth Rs.3.20 Arba by the end of the second quarter of FY 76/77.

The annualized earning per Share (EPS) of the finance stood at Rs.10.18 while its Net worth per Share is at Rs.130.33. The PE Ratio has been reported at 13.21 times.