Shree Investment and Finance Company Limited (SIFC) has posted a rise in its net profit by massive 338.38% in the second quarter of the current fiscal year.
As per the unaudited fiscal report published yesterday, the finance company has stated its net profit as Rs 3.48 crore in Q2 of FY 2074/75 from Rs 79.44 lakh of FY 2073/74. Its operating profit has also increased by 380.75% to Rs 5.14 crore.
Its provision for possible losses has decreased by 13.05% to Rs 24.65 lakh.
The finance company collected deposits of Rs 3.51 arba while it floated loans of Rs 3.00 arba.
It has a paid up capital of Rs 34.55 crore and Rs 34.29 crore in the reserve.
Its NPL stands at 0.16% which is a slight increment from previous years 0.15%.
Its annualized EPS stands at Rs 20.16 and Net worth per share is Rs 199.25.
Major Highlights:
| Particulars (In Rs '000) |
SIFC |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
345,489 |
243,100 |
42.12% |
| Reserve & Surplus |
342,899 |
90,496 |
278.91% |
| Deposits |
3,509,487 |
1,798,936 |
95.09% |
| Borrowings |
80,000 |
- |
- |
| Loans & Advances |
3,005,243 |
1,506,869 |
99.44% |
| Net Interest Income |
72,034 |
19,927 |
261.49% |
| Provision for possible losses |
2,465 |
2,835 |
-13.05% |
| Operating Profit |
51,453 |
10,703 |
380.75% |
| Net Profit |
34,824 |
7,944 |
338.38% |
| NPL (%) |
0.16 |
0.15 |
6.67% |
| Annualized EPS (In Rs.) |
20.16 |
6.54 |
208.46% |
| Net Worth per Share (In Rs.) |
199.25 |
137.23 |
45.20% |
| P/E Ratio |
11.9 |
|
|
Likewise,
Shrijana Finance Company (SIFC) has reported decrease in net profit by 38.33% in the second quarter of the current fiscal year 2074/75.
As per the unaudited financial report published yesterday, the finance company has reported its net profit as Rs 3.55 crore from Rs 5.80 crore in the previous corresponding quarter.
Its deposit collection was Rs 4.28 arba and the floated loans amounted to Rs 3.24 arba.
It has paid up capital of Rs 40.06 crore and Rs 11.41 crore in the reserve.
Its NPL has increased by 78.19% to 3.35% at the current period.
The annualized EPS stands at Rs 17.72 and Net worth per share stands at Rs 128.49.
Major Highlights:
| Particulars (In Rs '000) |
SFFIL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
400,680 |
302,400 |
32.50% |
| Reserve & Surplus |
114,147 |
108,776 |
4.94% |
| Deposits |
4,281,785 |
2,737,936 |
56.39% |
| Borrowings |
- |
- |
- |
| Loans & Advances |
3,235,600 |
2,435,437 |
32.86% |
| Net Interest Income |
82,758 |
121,238 |
-31.74% |
| Provision for possible losses |
35,125 |
16,124 |
117.84% |
| Operating Profit |
55,800 |
91,216 |
-38.83% |
| Net Profit |
35,509 |
58,047 |
-38.83% |
| NPL (%) |
3.35 |
1.88 |
78.19% |
| Annualized EPS (In Rs.) |
17.72 |
38.39 |
-53.83% |
| Net Worth per Share (In Rs.) |
128.49 |
135.97 |
-5.50% |
| P/E Ratio |
18.96 |
|
|
ICFC Finance Limited (ICFC) has reported 35.67% decrease in its net profit for the second quarter of the current fiscal year.
Its net profit has been reported Rs 7.18 crore which was Rs 11.16 crore in the corresponding quarter of the previous year.
Its deposit collection was Rs 7.57 arba while the loans floated were Rs 6.07 arba.
It has paid up capital of Rs 88.22 crore and Rs 25.65 crore in its reserve.
It has reduced its NPL to 0.16% for the Q2 of the current fiscal year which was 0.99% in the corresponding quarter of the previous year.
Its annualized EPS has decreased by 41.53% to Rs 16.28 and Net worth per share stood Rs 129.07.
Major Highlights:
| Particulars (In Rs '000) |
ICFC |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
882,173 |
801,784 |
10.03% |
| Reserve & Surplus |
256,479 |
272,421 |
-5.85% |
| Deposits |
7,577,386 |
5,846,814 |
29.60% |
| Borrowings |
327,100 |
1,770,000 |
-81.52% |
| Loans & Advances |
6,068,281 |
4,962,134 |
22.29% |
| Net Interest Income |
121,522 |
163,512 |
-25.68% |
| Provision for possible losses |
14,485 |
51,140 |
-71.68% |
| Operating Profit |
52,183 |
69,402 |
-24.81% |
| Net Profit |
71,810 |
111,632 |
-35.67% |
| NPL (%) |
0.16 |
0.99 |
-83.84% |
| Annualized EPS (In Rs.) |
16.28 |
27.85 |
-41.53% |
| Net Worth per Share (In Rs.) |
129.07 |
133.98 |
-3.66% |
Jebils Finance Limited (JEFL)has also published its unaudited financial report foe the Q2 of the FY 2074/75.
The company has reported a decrease of 71.80% in its net profit to Rs 25.08 lakh which was Rs 88.95 lakh in the corresponding quarter.
It has deposit collection of Rs 1.10 arba and loans of Rs 1.103 arba in the current quarter.
The paid up capital of the company is Rs 56.95 crore and Rs 4.91 core has been kept in the reserve.
The NPL has decreased by 12.32% and reached 4.84%.
The annualized EPS stands at Rs 0.88 and Net worth per share is Rs 108.61.
Major Highlights:
| Particulars (In Rs '000) |
Jebils |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
569,565 |
288,956 |
97.11% |
| Reserve & Surplus |
49,053 |
51,408 |
-4.58% |
| Deposits |
1,100,986 |
944,326 |
16.59% |
| Borrowings |
21,964 |
- |
- |
| Loans & Advances |
1,103,583 |
893,978 |
23.45% |
| Net Interest Income |
29,180 |
31,890 |
-8.50% |
| Provision for possible losses |
16,431 |
8,132 |
102.05% |
| Operating Profit |
(652) |
15,369 |
-104.24% |
| Net Profit |
2,508 |
8,895 |
-71.80% |
| NPL (%) |
4.84 |
5.52 |
-12.32% |
| Annualized EPS (In Rs.) |
0.88 |
6.16 |
-85.70% |
| Net Worth per Share (In Rs.) |
108.61 |
117.79 |
-7.79% |
