United Finance registers profit of Rs 18.30 lakhs and EPS of Rs 0.91

According to the unaudited financial report published by the finance today, United Finance Limited (UFL)’s  net profit has increased to Rs 18.30 lakhs in first quarter from  loss of Rs 3.45 crore in the corresponding quarter of the previous fiscal year.

UFL’s net interest income has increaed to Rs 6.15 crore in Q1 as compared to Rs 2.63 crore in the corresponding quarter of the last fiscal year.

As of Q1, it has a paid up capital of Rs 80.05 crore with a reserve of Rs 26.56 crore.

The finance also collected deposits of Rs 5.57 arba in Q1, a bit down from Rs 5.58 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs 5.10 arba in Q1 whereas in the same period last year, the figure stood at Rs 4.64 arba.

UFL’s annualized Earnings per Share (EPS) is Rs 0.91 per share. The finance company’s net worth per share stands at Rs 133.19.