Shrijana Finance Limited (SFFIL) has reported a 66.19% increase in net profit in the second quarter of the current fiscal year 2073/74.
According to the unaudited financial report published by the finance company today, its net profit has increased to Rs 1.80 crore in second quarter from Rs 1.02 crore in the corresponding quarter of the last fiscal year 2072/73.
Its net interest income increased to Rs. 5.80 crore in the second quarter from Rs. 3.49 crore in the corresponding quarter. Its paid up capital remains at Rs. 30.24 crore.
The bank collected deposits of Rs. 2.73 arba in Q2, up from Rs. 1.59 arba in the corresponding period last year. Its net interest income has increased by 151%.
Likewise, it has extended loans and advances of Rs. 2.43 arba in Q2. In the same period of last year, the figure stood at Rs. 1.28 arba.
Its non-performing loan has increased to 1.88 percent in Q2 from 0.46 percent in the previous year report.
Its Earning Per Share (EPS) stands at Rs. 38.39 and its capital adequacy ratio is 15.11%.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q2 |
FY 2072/73 Q2 |
Difference (%) |
| Paid Up Capital |
302,400.00 |
134,400.00 |
125.00% |
| Reserve and Surplus |
108,776.90 |
116,147.76 |
-6.35% |
| Deposits |
2,737,936.15 |
1,597,264.09 |
71.41% |
| Loans and Advances |
2,435,437.18 |
1,285,858.67 |
89.40% |
| Net Interest Income |
121,238.19 |
48,302.79 |
151.00% |
| Provision |
16,124.37 |
- |
- |
| Operating Profit |
91,216.39 |
43,598.43 |
109.22% |
| Net Profit |
58,046.79 |
34,928.47 |
66.19% |
| Capital Adequacy Ratio |
15.11% |
16.70% |
- |
| NPL |
1.88% |
0.46% |
- |
| Cost of Fund |
6.80% |
5.67% |
- |
| CD Ratio (as per NRB) |
77.34% |
69.59% |
- |
| EPS |
38.39 |
51.98 |
-26.14% |
