Srijana Finance net profit surged by 63%; NPL at 0.74%
Thu, Jul 30, 2015 12:00 AM on Others,
ShareSansar, July 30:
Srijana Finance Limited (SFFIL) has reported a profit rise of 63.74% in the fourth quarter of the last Fiscal Year 2071/72.
As per an unaudited financial statement published today, the finance had a net profit of Rs 5.05 crore in the fourth quarter of the last fiscal year whereas it had a net profit of Rs 3.08 crore in the corresponding period of the fiscal year 2070/71.
The company’s net interest income reached to 8.71 crore in Q4 of last Fiscal year 2071/72 from Rs 5.08 crore of the corresponding Fiscal year 2070/71.
The company’s operating profit stood at Rs 9.74 crore in Q4 of the last fiscal year whereas the operating profit was Rs 4.85 crore in the corresponding quarter of the fiscal year 2070/71.
Srijana Finance has collected Rs 1 arba 34 crore in deposits and extended a loan of Rs 1 arba 12 crore in Q4 of the last Fiscal Year 2071/72. Prior in the corresponding period of the Fiscal Year 2070/71, its total deposits and loan stood at Rs76.11 and Rs 50.82 respectively.
The company’s non performing loan stands at 0.74 % and its CD ratio stands at 72.61%.
