Chhimek Laghubitta Bittiya Sanstha has published First quarter report of Fiscal Year 2076/77. Net profit surged by 42.56% in the comparing period.
As per the published report, the microfinance company has reported surge in net profit to Rs.22.26 crore in this Q1 of Fiscal year 2076/77 from Rs.15.61 crore in the same period of fiscal year 2075/76.
It has borrowed Rs 4.55 arba and collected deposit of Rs.16.05 arba in this period which was Rs.12.53 arba in last year. It had floated loan & advances of Rs 19.79 arba in this first quarter which was Rs.17.29 arba in Q1 of FY 2075/76.
Its net interest income increased to Rs.49.53 crore in Q1 from Rs 39.37 crore in the last corresponding quarter of FY 2075/76.
Likewise, Operating profit increased to Rs.34.24 crore from the operating profit of Rs.24.15 crore in the FY 2074/75
Its paid up capital is Rs.1.18 arba with reserves of Rs.1.86 arba.
Its non performing loan (NPL) increased to 0.30% from 0.16%. Cost of fund stands at 9.81% and capital adequacy at 15.09%.
Annualized earning per share (EPS) stands at Rs 75.46, Net worth per share at Rs.257.86 and PE ratio at 12.79 times.
