Janaki Finance Records Profit in Q2

Jan 27, 2022 04:04 PM Merolagani

Janaki Finance (JFL) has published its second quarter report of the current FY.

As per the report, the company has earned net profit of Rs 35.5 million compared to loss of Rs 30.3 million in the corresponding period of the last FY.

The increase in net profit can be attributed to increase in net interest income, operating profit and other income.

The company raised its net interest income by 65.30 percent and net fee and commission by 93.91. Moreover, the company managed to register operating profit of Rs 42.7 million compared to operating loss of Rs 34.5 million of the last FY.

During the period the company collected deposits of Rs 3.08 billion and extended loan of Rs 2.99 billion.

The company with Rs 600.4 million in paid-up capital has reserve fund of Rs 205.4 million.

The company logged EPS of Rs 11.85, P/E ratio of 60 times and net worth per share of Rs 156.71.

comments powered by Disqus

Which Bank is Providing Highest Interest in Jestha?

May 13, 2024 10:03 AM

Commercial banks have published new interest rates for the upcoming month of Jestha. As per the published notices, the average interest rates of the banks have declined by a few points.