The company has earned Rs 325.7 million in net profit in the review period. The net profit increased by 307.61 percent compared to the corresponding period of the previous FY.
An increase in net interest income and operating profit as well as decreased provision for possible losses increased its net profit.
By the review period, it net interest income increased by 130.31 percent, operating profit by 307.61 percent. The company maintained Rs 47.2 million in provision for possible losses.
In the review period, the company increased its paid-up capital by 58.71 percent and reserve fund by 165.61 percent. Similarly, its borrowing increased by 106.29 percent, deposits by 60.20 percent and loan extensions by 122.71 percent.
Along with net profit, its EPS increased by 47.47 to Rs 77.73. it logged P/E ratio of 46.35 times and net worth per share of Rs 233.69.
