Reliance Finance’s Net Profit Decreases

Sep 20, 2019 12:10 PM Merolagani

Reliance Finance (RLFL) has earned a net profit of Rs 66.8 million in the fourth quarter of the last FY compared to Rs 70.2 million of the corresponding period of the previous FY.

The company with Rs 830.1 million in paid-up capital has a reserve fund of Rs 164.7 million.

During the period, the company collected a deposit of Rs 4.13 billion and extended loan of Rs 3.72 billion. The company earned Rs 204 million in net interest income.

The company has a non-performing loan of 1.97 percent, EPS of Rs 8.26, net worth per share of 118.12 and P/E ratio of 15.25 times.

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