The net profit declined by 96.23 percent compared to Rs 8.7 million of the corresponding period of the previous FY.
Decrease in net interest income as well as operating profit can be attributed to the decline in net profit.
During the period, its operating income declined by 98.04 percent to Rs 328,000. Similarly, its net interest income declined by 7.60 percent.
The company with Rs 250 million in paid-up capital has reserve fund of Rs 33.7 million. It logged a distributable loss of Rs 10.9 million.
During the period, the company collected deposit of Rs 208.4 million and extended loans of Rs 1.77 billion.
It logged EPS of Rs 0.13 and net worth per share of Rs 110.95.
