Civil laghubitta Bittiya Sanstha posted surged in net profit by 84.97% & reserve by 363%

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civil laghubitta bittiya sanstha

Civil laghubitta Bittiya Sanstha limited has posted well growth in net profit of Rs.84.97% 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.1.14 crore in this Q4 from Rs.62.13 lakh in the corresponding quarter of last fiscal year 2073/74.

It has borrowing of Rs.34.40 crore & deposit of Rs.16.68 crore in the Q4. It had extended loan & advance of Rs.58.37 crore. Deposit increased by 62.47% & loan expansion surged by 76.47% in comparing period.

Its net interest income increased to Rs.4.63 crore from Rs.3.65 crore in the last corresponding quarter. Operating profit increased by 78.66% to Rs.1.72 crore from Rs.96.40 lakh in the last year.

Its paid up capital is Rs.10.97 crore with reserves of Rs.1.43 crore. Reserve surged by 363.03%.

Its non performing loan stands at 0.78 percent from 0.61 percent from the last year.

Annualized earning per share is Rs.10.47 & net worth per share is Rs.113.10. PE ratio stands at 70.68 times.