Shree Investment Finance brings in profit of Rs 2.52 crores

Shree Investment and Finance Company (SIFC) has registered a net profit increase to Rs 2.52 crores in the first quarter of the current FY 2075/76 from Rs 1.00 crores.

SIFC’s net interest income has risen to Rs 5.23 crore in Q1 as compared to Rs 2.73 crore in the corresponding quarter of the last fiscal year.

As of Q1, it has a paid up capital of Rs 80.01 crore with a reserve of Rs 19.55 crore.

The finance company also collected deposits of Rs 4.07 arba in Q1, up from Rs 3.36 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs 3.87 arba in Q1 whereas in the same period last year, the figure stood at Rs.2.79 arba.

SIFC’s annualized Earnings per Share (EPS) stands Rs 12.61. Its net worth stands at Rs 124.44 per share.