The company with Rs 800 million in paid-up capital has reserve fund of Rs 159.6 million. In the review period, the company collected deposit of Rs 3.29 billion and extended loan of Rs 2.90 billion.
The company earned Rs 235.8 million in interest income and spent Rs 161.2 million in interest expenses earning Rs 74.5 million in net interest income during the period. In the corresponding period of the last FY, the company earned Rs 58.6 million in net interest income.
During the period, the bad debt of the company increased significantly to 68 percent from earlier 0.56 percent. Thus, the company has increased its provision to possible loss to Rs 13.8 million from earlier Rs 560,000.
In the review period, the company raised its EPS to Rs 8.37 from Rs 7.64 and has maintained net worth per share of Rs 119.96 and P/E ratio of 15.53 times.
