Net profit of Pokhara Finance slightly decrease to Rs.6.28 Crore in the third quarter; earnings per share stands at Rs.9.77

Tue, Apr 30, 2019 1:46 PM on Financial Analysis, Latest, Stock Market,

Pokhara Finance Company (PFL) has published its unaudited financial report for the third quarter of the fiscal year 2075/76.

The net profit of the company stands at Rs 6.28 crore which has slightly decreased compared to corresponding period’s profit of Rs 6.53 crore.

The finance company has collected total deposits of Rs 5.65 arba which is 39.85% rise from corresponding period’s Rs 4.04 arba. The company has floated Rs 5.20 arba as loans and advances for the Q3 of the FY 2075/76, up from Rs 3.89 arba posted in the corresponding quarter of the previous year.

Its borrowings have reached Rs 39.06 crore in the third quarter.

It earned Rs 18.63 crore as net interest income compared to Rs 12.61 crore posted in Q3 of the previous year. And it has Rs 9.80 crore as operating profit, which was previously at Rs 10.10 crore.

The paid up capital of the company is Rs 85.72 crore and reserve of Rs 31.20 crore.

The annualized EPS of the finance company stands at Rs 9.77 and Net worth per share is Rs 136.40. The PE ratio posted by the company for the third quarter stands at 13.61 times.