January 22, 2019 | Investopaper
United Finance’s net profit has grown by 220% from the corresponding quarter of the previous year. In the 2nd quarter report of F. Y. 2075/76, the finance made a net profit of Rs. 3.33 crores. Last year, the company’s profit stood at Rs.1.04 crores in the 2nd quarter.
The company has paid up capital of Rs. 8o.o5 crores, and reserve & surplus of Rs. 21.69 crores. It has deposits of Rs. 5.98 Arab. The loans & advances stand at Rs. 5.34 Arab till the 2nd quarter. The net interest income has risen to Rs. 14.01 crores from Rs. 9.27 crores. The non-performing loans stand at 0.99%. Likewise, the Earnings Per Share (EPS) is Rs. 8.33 as of 2nd quarter 2075/76.