Citizen Investment Trust (CIT) Net Profit Rises by 17.99%; Reports Investment Worth Rs. 1.99 Kharba for Q1
Wed, Nov 16, 2022 12:36 PM on Latest, Financial Analysis, Stock Market,
Citizen Investment Trust (CIT) has reported a net profit of Rs. 23.27 crores in the first quarter of the fiscal year 2079-2080. This is an increase of 17.99% compared to the corresponding quarter of the previous year.
As per the report published by the company, the paid-up capital stands at Rs. 4.25 Arba. The share premium of the company decreases by 77.56% and stands at Rs. 28.38 Crores.
CIT made an investment of Rs. 1.99 Kharba, which has hiked by 11.59% as compared to the relevant quarter of previous year.
The annualized earnings per share stood at Rs. 21.90 whereas the net worth per share stood at Rs. 106.68. The company reported a Return on Investment of 9.38% which is an incline in this quarter.
Major Financial Highlights
| Particulars (Rs in 000) | Citizen Investment Trust | ||
|---|---|---|---|
| Q1 2079/80 | Q1 2078/79 | Difference | |
| Paid Up Capital | 4,251,000 | 3,270,000 | 30.00% |
| Share Premium | 283,878 | 1,264,878 | -77.56% |
| Insurance Fund Liability | 834,374 | 734,098 | 13.66% |
| Total Investment | 199,362,972 | 178,649,203 | 11.59% |
| Total Income | 400,676 | 339,700 | 17.95% |
| Administrative Expenses | 71,119 | 57,841 | 22.96% |
| Net Profit | 232,727 | 197,242 | 17.99% |
| Return on Investment (%) | 9.38 | 7.71 | 21.66% |
| Fund to Investment Ratio (%) | 98.76 | 98.73 | 0.03% |
| Annualized EPS (In Rs.) | 21.90 | 24.13 | -9.24% |
| Net Worth per Share (In Rs.) | 106.68 | 138.68 | -23.08% |
| Qtr End P/E Ratio | 82.75 | - | |
| Qte End Price | 1812 | - | |
