The finance attributed the growth to increase in net interest income and controlled employee expenses.
Guheshwori Merchant with Rs 800 million in paid-up capital has reserve fund of Rs 129.5 million. In the review period, the company collected deposit of Rs 3.15 billion and extended loan of Rs 2.72 billion.
During the period, the company earned interest income of Rs 114.5 million and spent Rs 80.4 million in interest expenses, thus, earning net interest income of Rs 34.1 million.
The company has bad debt ratio of 0.25 percent, EPS of Rs 5.77, net worth per share of Rs 116.19 and P/E ratio of 22.11 times.
In the review period, the company has cost of fund of 10 percent and base interest rate of 12.89.