However, the company earned a net profit of Rs 4.06 million in the last FY compared to Rs 4.64 million of the previous FY.
Recovery of bad debt of Rs 16.8 million helped the company to record the net profit despite the huge spending on employee and other operating expenses.
During the period, the company increased its paid-up capital to Rs 60 million from earlier Rs 21 million through 100 percent right issue and IPO issuance.
The reserve fund of the company also rose to Rs 5.2 million from earlier Rs 1.5 million.
The company that borrowed Rs 110.4 million has collected deposit of Rs 47.2 million and extended loan of Rs 307.4 million.
The company earned Rs 45.7 million in interest income and spent Rs 25.2 million in interest expenses.
The company has EPS of Rs 6.78.
