Swadeshi Laghubitta Bittiya Sanstha has published First quarter report of Fiscal Year 2076/77. Net profit surged by 129.78% in the comparing period.
As per the published report, the microfinance company has reported surge in net profit to Rs.1.91 crore in this Q1 of Fiscal year 2075/76 from Rs.83.47 lakh in the same period of fiscal year 2075/76.
It has borrowed Rs 2.37 arba and collected deposit of Rs.1.10 arba in this period. It had floated loan & advances of Rs. 3.70 arba in this first quarter which was Rs.2.48 arba in Q1 of FY 2075/76.
Its net interest income increased to Rs.7.60 crore in Q1 from Rs.4.64 crore in the last corresponding quarter of FY 2075/76.
Likewise, Operating profit increased to Rs.3.01 crore from the operating profit of Rs.1.36 crore in the FY 2074/75
Its paid up capital is Rs.23 crore with reserves of Rs.20.32 crore.
Its non performing loan (NPL) increased to 1.70% from 1.67%. Cost of fund stands at 9.86% and capital adequacy at 11.20%.
Annualized earning per share (EPS) stands at Rs 33.36, Net worth per share at Rs.188.37 and PE ratio at 18.17 times.
