The company earned a net profit of Rs 123.9 million in the review period which decreased by 30.32 percent compared to Rs 177.9 million of the corresponding period of the last FY.
Although, the company increased net interest income, increase in non-performing loan and impairment charge pulled down its net profit. In the review period, the company raised its net interst income by 37.98 percent and operating profit by 32.05 percent. During the period, its non-performing loan increased to 1.24 percent, thus, its impairment charge also increased to Rs 57.4 million.
In the review period, the company increased paid-up capital by 10.4 percent and reserve fund by 9.77 percent. The company increased its deposit collection by 14.61 percent and loan extension by 33.28 percent.
The company logged EPS of Rs 14.67, net worth per share of Rs 148.50 and P/E ratio of 35.93 times.
