Chhimek Laghubitta Bittiya Sanstha has posted surged net profit by 15.18% in the fourth quarter of this fiscal year 2074/75.
As per the published report, the microfinance has reported increased in net profit to Rs.66.39 crore in this Q4 from Rs.57.64 crore in the corresponding quarter of last fiscal year 2073/74.
During the period the bank has collected deposit of Rs.11.93 arba & floated in loan & advances of Rs.16.58 arba. It has borrowing of Rs. 4.43 arba.
Its net interest income increased to Rs.1.49 arba from Rs.1.24 arba in the last corresponding quarter. Operating profit increased to Rs.99.39 crore from 88.98 crore in the last year.
Its paid up capital is Rs.1.00 arba with reserves of Rs.1.17 arba.
It is able to write back Rs.1.90 crore from the provision for possible losses.
Its non performing loan stands at 0.11 percent from 0.9 percent from the last year
Annualized earning per share is Rs.66.39. Net worth per share is Rs.217.90. PE ratio stands at 13.21 times. Cost of fund is Rs.9.12%.
