In the Q1, the company earned Rs 5.5 million in net profit which was Rs 4.7 million in the review period of the last FY.
In the review period, the company raised its paid-up capital to Rs 107.9 million from earned Rs 40 million. The huge jump in paid-up capital while sluggish increase in net profit is the main reason of the fall of the EPS.
The company has reserve fund of Rs 54.7 million. The company collected deposit of Rs 434.3 million, borrowed Rs 586 million and extended loan of Rs 958 million in the review period.
The company earned Rs 45.2 million in interest income and spent Rs 23.3 million in interest expenses through which it earned a net interest income of Rs 21.8 million.
During the period, the company has bad debt ratio of 1.19 and net worth per share of Rs 150.71.
