esewanews.com esewa news
Related Articles
ICFC Finance Limited (ICFC) reported a Net Profit of Rs. 9.65 crores in Q2 of FY 2078/2079. This is a decline of 24.41% compared to the corresponding quarter of the previous year.
It reported a net interest income (core business revenue) of Rs. 20.90 crores in Q2. This is an increment of 32.66% compared to the corresponding quarter of the previous year.
As per the quarterly report, the ICFC reported lower other operating income compared to the corresponding quarter of previous years which led to a decline in operating income.
The bank has collected deposits of Rs. 15.45 Arba while it has mobilized loans and advances of Rs. 12.86 Arba till Q2 of FY 2078/2079.
ICFC Finance has a paid-up capital of Rs. 1.12 Arba and reported Rs. 53 crores reserve in this quarter.
The Earnings per Share (annualized) stood at Rs. 16.44 and net worth per share stands at Rs. 147.03. The Company traded at a P/E multiple of 47.14 times.
Major Highlights:
| Particulars | ICFC Finance Limited | ||
|---|---|---|---|
| Q2, 2078/2079 | Q2, 2077/2078 | Difference | |
| Paid-Up Capital | 1,127,115.20 | 1,024,265.80 | 10.04% |
| Reserve & Surplus | 530,086.71 | 605,860.07 | -12.51% |
| Deposit from Customers | 15,454,838 | 14,342,811 | 7.75% |
| Loans & Advances | 12,869,484 | 10,371,512 | 24.08% |
| Net Interest Income | 209,043.14 | 157,579.51 | 32.66% |
| Impairment Charge/(Reversal) for loans | 31,365.79 | 37,213.27 | – |
| Operating Profit | 132,239 | 174,732.90 | -24.32% |
| Net Profit | 92,654.73 | 122,570.42 | -24.41% |
| Capital Adequacy (%) | 12.37% | 13.88% | – |
| NPL (%) | 1.06% | 0.76% | – |
| Cost of fund (%) | 7.93% | 6.95% | – |
| EPS (Rs.) | 16.44 | 23.93 | – |
| Net worth per share (Rs.) | 147.03 | 159.15 | – |
| Qtr end PE ratio (Times) | 47.14 | – | – |
| Qtr End Market Price | 775 | – | – |
English
Arabic
Chinese (Simplified)
French
Japanese
Korean
Nepali
Portuguese