Multipurpose Finance and ICFC Finance have published Q1 report for FY 75/76; here are the major highlights of the report
Tue, Nov 6, 2018 12:39 PM on Financial Analysis, Latest, Stock Market,
Multipurpose Finance Company Limited (MPFL) has published unaudited quarterly report for the first quarter of FY 75/76.
There has been no change in the paid up capital since the corresponding quarter end of the previous year. The paid up capital of the finance company stands at Rs.4.14 Crore. The reserves have grown by more than 48% to stand at Rs.2.6 Crore.
The deposits of the company have increased by 13.51% to Rs.21.09 Crore while the loans and advances have grown by 9.87% to Rs.21.08 Crore compared to corresponding quarter end of the previous year. The NPL of the company stands at 4.49% which was previously at 3.80%. The provision for possible losses have increased by 308% to stand at Rs.15.07 Lakhs.
Although the operating profit of the company has increased by 16.62% to Rs.9.42 Lakhs, the net profits of the company have fallen by 26.54% to Rs.5.93 Lakhs compared to corresponding quarter of the previous year.
Highlights:
|
Particulars (In Rs '000) |
Q1 75/76 |
Q1 74/75 |
Difference |
|---|---|---|---|
|
Paid Up Capital |
41,473.60 |
41,473.60 |
0.00% |
|
Reserve & Surplus |
26,000.57 |
17,516.82 |
48.43% |
|
Deposits |
210,963.88 |
185,856.89 |
13.51% |
|
Loans & Advances |
210,801.06 |
191,869.75 |
9.87% |
|
Net Interest Income |
3,889.28 |
2,377.19 |
63.61% |
|
Provision for possible losses |
1,507.44 |
368.72 |
308.83% |
|
Operating Profit |
942.32 |
808.01 |
16.62% |
|
Net Profit |
593.66 |
808.10 |
-26.54% |
|
NPL (%) |
4.49% |
3.80% |
18.16% |
ICFC Finance Limited (ICFC) has shown a growth of 10% in the paid up capital compared to corresponding quarter of the previous year. The paid up capital of the finance company stands at Rs.88.21 Crore. The reserves of the company have fallen by almost 13% to Rs.25.37 Crore.
The Net interest income of the company have shown an increase of 71% compared to previous year. The net interest income which was at Rs.4.76 Crore, has grown to Rs.8.14 Crore. Similarly, the operating profits of the company have grown by 265% to Rs.4.65 Crore while the net profits of the company have grown by almost 58% to Rs.4.13 Crore compared to previous year. The NPL of the company which was at 0.58%, has fallen to 0.14% this quarter.
Highlights:
|
Particulars (In Rs '000) |
Q1 75/76 |
Q1 74/75 |
Difference |
|---|---|---|---|
|
Paid Up Capital |
882,172 |
801,784 |
10.03% |
|
Reserve & Surplus |
253,761 |
291,023 |
-12.80% |
|
Deposits |
8,523,058 |
7,123,180 |
19.65% |
|
Borrowings |
1,100,000 |
- |
- |
|
Loans & Advances |
7,022,801 |
5,659,937 |
24.08% |
|
Net Interest Income |
81,487 |
47,654 |
71.00% |
|
Provision for possible losses |
5,367 |
3,242 |
65.55% |
|
Operating Profit |
46,564 |
12,745 |
265.35% |
|
Net Profit |
41,328 |
26,178 |
57.87% |
|
NPL (%) |
0.14% |
0.58% |
-75.86% |
|
EPS (In Rs.) |
18.74 |
- |
- |
|
Net Worth per Share (In Rs.) |
128.77 |
- |
- |
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