Pokhara Finance Limited (PFL) has posted decrease in net profit by 16.50% in the second quarter of the current fiscal year 2074/75.
As per the unaudited report published today, the finance company has posted that its net profit decreased to Rs 4.03 crore in Q2 of the fiscal year 2074/75 from Rs 4.83 crore in the corresponding quarter of the previous fiscal year 2073/74.
Its deposit collection reached to Rs 3.94 arba where the bank floated loans of Rs 3.70 arba.
It has paid up capital of Rs 65.57 crore with Rs 41.73 crore in reserve.
It has been issuing 15% right shares from Poush 30 which will close on Falgun 6, 2074. Its paid up capital will reach to Rs 81.63 crore after adjustment of 8.26% bonus from the net profit of FY 2073/74 and 15% right shares.
Its NPL stands at 1.32%.
Its Earning per Share (EPS) stands at Rs 12.30 where net worth per share stands at Rs 159.31. It has P/E ratio of 14.39 times.
Major Highlights:
| Particulars (In Rs '000) |
PFL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
655,788 |
557,420 |
17.65% |
| Reserve & Surplus |
417,391 |
176,217 |
136.86% |
| Deposits |
3,947,798 |
3,259,825 |
21.10% |
| Borrowings |
- |
- |
#DIV/0! |
| Loans & Advances |
3,701,755 |
3,026,319 |
22.32% |
| Net Interest Income |
74,062 |
92,912 |
-20.29% |
| Provision for possible losses |
8,230 |
3,683 |
123.46% |
| Operating Profit |
62,020 |
75,915 |
-18.30% |
| Net Profit |
40,339 |
48,310 |
-16.50% |
| NPL (%) |
1.32 |
1.52 |
-13.16% |
| Annualized EPS (In Rs.) |
12.30 |
17.33 |
-29.02% |
| Net Worth per Share (In Rs.) |
159.31* |
131.61 |
21.04% |
| P/E Ratio (In times) |
14.39 |
- |
- |
| *Calls in advance not included while calculation Net Worth |
Q2 Report of PFL:
