National Level Gurkhas, Progressive, Manjushree & Lalitpur Finance reports profit growth of Rs 13.75 cr, Rs1.40 cr, Rs 6.42 cr & Rs 12.53 cr respectively in Q4

National Level finance companies namely, Gurkhas Finance Limited (GUFL), Progressive Finance Limited (PROFL), Manjushree Finance Limited (MFIL) and Lalitpur Finance Company Limited (LFC) have published their Q4 reports of the last fiscal year 2073/74 today. As per the unaudited financial report, Gurkhas Finance Limited (GUFL) has paid up capital of Rs 76.24 crores while the reserves and surplus amounts to Rs 34.25 crores. The net profit of GUFL's stands at Rs. 13.75 crores. Previously it stood at 27.47 crores. Its non-performing loan (NPL) has decreased from 12.96% last year to 4.72% in Q4. Gurkhas Finance’s earning per share (EPS) stands at 18.04 while the P/E is at 10.04 times. The net worth per share of the finance is at Rs. 144.93. Likewise, Progressive Finance Limited (PROFL) has paid up capital of Rs.21 crores, while the reserves and surplus stands at Rs.96.52 lakhs. PROFL's net profit has declined to 1.40 crores in the Q4 of FY 073/74, previously, the net profit stood at 2.56 crores. Its NPL has declined from 1.67% to 1.17% in the Q4 of the last fiscal year 073/74. Progressive Finance’s EPS stands at 6.68, the P/E stands at 29.79 and the net worth per share of PROFL stands at 104.6. Manjushree Finance Limited (MFIL) has paid up capital of Rs 72.43 crores with reserves and surplus at 9.77 crores. MFIL's net profit at Q4 on FY 073/74 stands at Rs 6.42 crores previously, it stood at 6.42 crores. The NPL has declined from 3.57% in the corresponding quarter of the FY 072/73 to 1.98% in Q4 of the FY 073/74. EPS of Manjushree Finance Limited stands at 8.88, while the P/E ratio is 17.68 times. The net worth per share of MFIL stands at Rs.113.49. Lastly, Lalitpur Finance Limited (LFC) has paid up capital of Rs 18.79 crores. The finance company reserves and surplus is in negative of 10.50 crores in Q4.  However it mange to decline its reserve in last Q4 compared to corresponding quarter. The finance company’s net profit has increased to 12.53 crores previously, it stood at 5.87 crores. Its NPL has inclined from 75.21% on the corresponding quarter of the FY 072/73 to 99.40% on Q4 of the FY 073/74. EPS of Lalitpur Finance Limited stands at 66.70, while net worth per share stands at Rs.44.10.