Manjushree Finance Limited has published its unaudited financial statements for the first two quarters of FY 2082/83, showing a net profit of Rs 13.53 crore, up 15.63% from Rs 11.70 crore in the same period last year. The profit growth was primarily due to an increase in net interest income and improvement in operational revenue.
During the review period, net interest income rose by 13.81% to Rs 45.32 crore, while net fee and commission income slightly declined from Rs 5.99 crore to Rs 5.87 crore. Total operating income increased by 12.64% to Rs 53.61 crore, with operating profit recorded at Rs 19.37 crore.
Meanwhile, the company’s retained earnings dropped by 34.15% to Rs 23.56 crore, while reserves increased from Rs 73.54 crore to Rs 78.20 crore. The non-performing loan (NPL) ratio improved, declining from 3.86% to 3.64%.
During the review period, Manjushree Finance mobilized Rs 22.48 billion in deposits and extended Rs 19.61 billion in loans. The company’s paid-up capital stands at Rs 1.35 billion, with distributable profit of Rs 23.56 crore and a reserve fund of Rs 101.76 million.
Earnings per share (EPS) rose by Rs 2.71 to Rs 20.03, while net worth per share reached Rs 175.29. The company’s price-to-earnings (P/E) ratio stands at 39.89x, and the liquidity ratio is 23.52%.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
