Citizen Investment Trust Reports 9.68% Growth in Net Profit in Q3 FY 2082/83
Summary
Citizen Investment Trust reported a 9.68% increase in net profit at Rs. 98.60 crore for Q3 FY 2082/83, alongside growth in total income and investment portfolio.
Key Points
- Citizen Investment Trust's net profit rose by 9.68% to Rs. 98.60 crore in Q3 FY 2082/83 compared to the previous year.
- Total income increased by 7.32% to Rs. 1.64 Arba, while total expenses declined by 1.15%.
- The investment portfolio grew by 11.87% to Rs. 311.49 Arba, and insurance fund liability rose by 10.56%.
- Annualized earnings per share increased to Rs. 19.32, although return on investment declined to 4.36%.
- The market price per share stood at Rs. 1,776 with a PE ratio of 91.93 times at the quarter-end.
