As per the report, the company raised its net profit compared to the corresponding period of the previous FY.
In the last FY, the company earned net profit of Rs 39.5 million which is 89.96 percent growth compared to Rs 20.8 million of the previous FY.
Increase in net interest income and operating profit can be attributed to the increase in net profit.
In the review period, the net interest income increased by 59.74 percent and other operating income by 15.47 percent. Similarly, its total operating income increased by 42.16 percent.
During the period, its NPL declined by 3.67 percent to 2.91 percent.
Along with its net profit, its EPS increased by Rs 16.18 to Rs 34.17. It has net worth per share of Rs 156.79 and P/E ratio of 64.78 times.
The company with Rs 115.8 million in paid-up capital has reserve fund of Rs 65.7 million. The company borrowed Rs 1.30 billion, collected deposit of Rs 455.5 million and extended loans of Rs 1.94 billion during the period.
