Citizen Investment Trust (CIT) Net Profit Rises by 26.15%; Reports Investment Worth Rs. 2.12 Kharba for Q3
Tue, May 2, 2023 11:04 AM on Latest, Financial Analysis, Stock Market,
Citizen Investment Trust (CIT) has reported a net profit of Rs. 77.79 crores in the third quarter of the fiscal year 2079-2080. This is an increase of 26.15% compared to the corresponding quarter of the previous year.
CIT made an investment of Rs. 2.12 Kharba, which has hiked by 13.02% as compared to the relevant quarter of 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.
The annualized earnings per share stood at Rs. 24.40 whereas the company reported a Return on Investment of 9.67% and PE ratio of 85.65 times for the third quarter of FY 2079/80.
Major Financial Highlights
| Particulars (In Rs '000) | Citizen Investment Trust | ||
| Q3 2079/80 | Q3 2078/79 | Difference | |
| Paid Up Capital | 4,251,000.00 | 3,270,000.00 | 30.00% |
| Share Premium | 283,878.00 | 1,264,878.00 | -77.56% |
| Insurance Fund Liability | 2,498,921.00 | 2,443,692.00 | 2.26% |
| Total Investment | 212,647,308.00 | 188,148,876.00 | 13.02% |
| Total Income | 1,256,916.00 | 1,030,740.00 | 21.94% |
| Total Expenses | 219,658.00 | 208,489.00 | 5.36% |
| Net Profit | 777,944.00 | 616,688.00 | 26.15% |
| EPS (In Rs.) | 24.40 | 25.15 | -2.96% |
| Return on Investment (%) | 9.67 | 8.18 | 18.22% |
| Fund to Investment Ratio (%) | 99.00 | 99.38 | -0.38% |
| Qtr end PE Ratio (times) | 85.65 | - | - |
| Qtr End Market Price | 2089.9 | - | - |
