Goodwill Finance (GFCL) Registers 26.15% Decrement in Net Profit; Interest Income Up 33.56% Nonetheless
Thu, Apr 21, 2022 12:14 PM on Company Analysis, Latest,
Goodwill Finance Limited’s net profit fell by 26.15 percent to Rs 11.08 crore in the third quarter ended Chaitra 2078 (FY78/79) as against Rs 15 crore in the year-ago period.
The decline in Net Profit is due to the variation in other operating income in this quarter.
Its net interest income (NII) grew by 33.56 percent to reach Rs 26.73 crore in Q3. Likewise, the Capital Adequacy Ratio (CAR) stood at 12.31 percent with Earnings per Share (EPS) being reduced by 32.31 Percent.
Financial Highlights:
* Figure is of Immediate Previous Year Ending
|
Particulars (In Rs '000") |
Goodwill Finance Limited |
||
|---|---|---|---|
|
Q3 2078/79 |
Q3 2077/78 |
Difference |
|
|
Share Capital |
946,115 |
867,200 |
9.10% |
|
Share Premium |
2,476 |
2,476 |
0.00% |
|
Retained Earnings |
19,436 |
126,546 |
-84.64% |
|
Reserves |
946,179 |
775,880 |
21.95% |
|
Deposit from Customers |
10,447,994 |
10,080,962 |
3.64% |
|
Loans & Advances |
8,282,459 |
7,432,605 |
11.43% |
|
Net Interest Income |
267,373 |
200,187 |
33.56% |
|
Impairment Charge/(Reversal) |
27,353 |
122,499 |
-77.67% |
|
Personnel Expenses |
-91,003 |
-77,303 |
17.72% |
|
Operating Profit |
-152,337 |
-213,036 |
-28.49% |
|
Profit/(Loss) for the Year |
110,838 |
150,093 |
-26.15% |
|
Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments |
5,371 |
|
|
|
Capital Adequacy Ratio (CAR) |
15.17 |
17.30 |
12.31% |
|
NPL |
3.56% |
2% |
1.56% |
|
Credit to Deposit Ratio (CD Ratio) |
87.12% |
73.90% |
13.22% |
|
Cost of Fund (%) |
9.14 |
9.57 |
-4.49% |
|
Interest Rate Spread (%) |
3.69 |
4.98 |
-25.90% |
|
Base Rate (%) |
11.16 |
11.66 |
-4.29% |
|
EPS (In Rs.) |
15.62 |
23.08 |
-32.31% |
|
Net Worth per Share (In Rs.) |
202.32 |
204.35 |
-0.99% |
|
Qtr End PE Ratio (times) |
33.42 |
- |
- |
|
Qtr End Market Price |
522 |
- |
- |
