Swarojgar Laghubitta has posted surge in net profit by 120% in Q4

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swarojgar laghubitta

Swarojgar Laghubitta Bittiya Sanstha has published fourth quarter report of FY 2075/76. Net profit surged by 120.69% in comparing period.

As per the published report, it has reported surge in net profit to Rs.8.07 crore in this Q4 of Fiscal year 2075/76 from Rs.3.65 crore in the same period of fiscal year 2074/75.




It has borrowed Rs 1.42 arba in this Q4 and collected deposit of Rs.1.25 arba. It had floated loan & advances of Rs.3.01 arba in this fourth quarter which was Rs.2.13 arba in Q4 of FY 2074/75.  Loan expansion increased by 41.49% and deposit by 60.47%.

Its net interest income increased to Rs.20.03 crore in Q4 from Rs.12.67 crore in the last corresponding quarter of FY 2074/75.

Likewise, Operating profit increased to Rs.12.08 crore from the operating profit of Rs.5.28 crore in the FY 2074/75

Its paid up capital is Rs.26.95 crore with reserves of Rs.12.52 crore.  Reserved increased by 88.39% and paid up capital by 120.02% in the comparing period.

Its non performing loan stands at 0.88% from 0.36%. Cost of fund stands at 9.88% and capital adequacy at 13.72%.

Annualized earning per share (EPS) stands at Rs 29.96, Net worth per share at Rs.146.46 and PE ratio at 14.72 times.