Deprosc Laghubitta has posted decreased in net profit by 23.61 percent

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Deprosc Laghubitta bikas Bank

Deprosc Laghubitta Bikas Bank limited has published Q2 report of 2074/75 stated net profit of 11.23 crore.

As per the report, the microfinance company has posted decreased in net profit to 11.23 crore from 14.60 crore in the second quarter of last year. The net profit is decreased by 23.61 percent.

The microfinance has collected deposit of 1.97 arba & borrowing of 3.46 arba. It has floated in loan & advances of 6.97 arba.

Net interest income is decreased by 3.82% to 29.35crore from 30.51 crore in the last year. Likewise, operating profit also decreased by 26.90% to 14.55 crore from 19.91 crore in the last year’s second quarter.

Its paid up capital is 70.31 crore with reserves of 39.56 crore. Paid up capital is increased by 172.60 percent.

Non-performing loan stands at 0.81.

Earning per share stand at 31.94 & net worth per share is 156.28. EPS fall by 31.19% & net worth per share fall by 5.49%.

PE ratio stands at 26.8 times.

Read: Swabalamban Laghubitta performed well in Q2