United Finance publishes financial highlights for the third quarter; paid up capital increased to Rs.1.01 Arba

According to the unaudited financial report published by the finance today, United Finance Limited (UFL)’s net profit has increased to Rs 5.12 Crore in third quarter which was Rs 5.07 Crore in the corresponding quarter of the previous fiscal year.

UFL’s net interest income has increased to Rs 20.63 crore in Q3 as compared to Rs 15.92 crore in the corresponding quarter of the last fiscal year.

As of Q3, it has a paid up capital of Rs 1.01 Arba with a reserve of Rs 42.16 crore.

The finance also collected deposits of Rs 6.26 arba in Q3, up from Rs 5.48 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs 5.52 arba in Q3 whereas in the same period last year, the figure stood at Rs 4.83 arba.

UFL’s annualized Earnings per Share (EPS) is Rs 6.76 per share. The finance company’s net worth per share stands at Rs 141.76.