Monday, August 5, 2013

United Finance profits 5.51cr, Goodwill Finance 2.76cr, Everest Finance 0.94cr, Guheshwori Merchant 3.20cr

United Finance Limited has reported a rise in net profit of 45.25% for FY 2069/70. The company earned a profit of Rs 5.51 crore, compared to Rs 3.79 crore in the corresponding period last year.

The company’s deposits increased to Rs 2.97 arba from Rs 2.60 arba last year. The finance company extended loans of Rs 2.56 arba in FY 2069/70, compared to Rs 2.03 arba in the last fiscal.

United’s EPS stands at Rs 15.73 and net worth at Rs 132.24

Likewise, Goodwill Finance Limited has posted a net profit Rs 2.76 crore, a 63% rise over Rs 1.69 crore reported last year.

The finance company’s deposits have now reached Rs 2.05 arba, a rise over 1.60 arba in the previous fiscal. Its loans and advances also grew to Rs 1.75 arba from Rs 1.34 arba last year.

Goodwill’s EPS stands at Rs 8.89 and net worth at Rs 120.47

Meanwhile, Everest Finance Limited has posted a modest growth in profit. The company earned Rs 94.70 lakh in the FY 2069/70, a rise of meager 7.71% over last year’s Rs 87.92 lakh.

The company’s deposits rose to Rs 53.24 crore from Rs 40.10 crore in the last fiscal. Similarly, the finance company’s loans increased to Rs 47.21 crore over last year’s Rs 31.27 crore last year.
Everest’s net worth has been valued at Rs 11.98.

Similarly, Guheshwori Merchant Banking and Finance Limited reported that it earned a net profit of Rs 3.36 crore as against Rs 3.20 crore in the last fiscal.

The company’s deposits grew to Rs 88.24 crore over Rs 81.45 crore last year. The company has disbursed loans of Rs 82.48 crore compared to Rs 67.12 crore in the previous year.
 src sharesansar