In the last FY, the company earned Rs 614.9 million in net profit which is 12.18 percent growth compared to the corresponding period of the previous FY.
The company managed to increase its net profit despite decreased operating profit due to recovery of bad debt.
In the review period, its net interest income increased by 9.02 percent. However, its operating profit declined by 5.78 percent. During the period, it maintained provision for possible losses of Rs 308 million and recovered bad debt of Rs 200.7 million.
Its paid-up capital increased by 25.12 percent and reserve fund increased by 17.83 percent. The company increased its borrowing by 4.58 percent and loan extensions by 14.81 times.
It logged EPS of Rs 49.14, net worth per share of Rs 150.51 and P/E ratio of 115.59 times.
