Double fall in Net Profit of Janaki Finance

Feb 02, 2018 Merolagani

Despite recovering twofold bad debts in the second quarter of the current FY, the net profit of Janaki Finance (JFL) has decreased twofold to Rs 24 million compared to the corresponding period of the last FY which was Rs 45.1 million.

 

Janaki Finance recovered Rs 42.3 million bad debt during the period. The company with Rs 403.3 million paid-up capital has maintained reserve fund of Rs 184.3 million. During the period, the company collected deposit of Rs 1.49 billion and extended loans of Rs 1.30 billion.

The company has EPS of Rs 11.92, net worth per share of Rs 145.70 and liquidity ratio of 36.01 percent.  

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