Global IME Laghubitta Bittiya Sanstha Limited has posted increased in net profit by 40.54 percent 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.1.58 crore in this Q4 from Rs.1.12 crore in the corresponding quarter of last fiscal year 2073/74.
It has borrowing of 99.46 crore & deposit collection of Rs.36.08 crore & floated in loan & advances of Rs.1.10 arba. Deposit collection & loan expansion increased by 120.86% & 141.26% respectively.
Its net interest income increased to Rs.5.75 crore from Rs.5.03 crore in the last corresponding quarter. Operating profit increased by 40.54% to Rs.2.49 crore from Rs.1.77 crore in the last year.
Its paid up capital is Rs.9.60 crore with reserves of Rs.4.92 crore. Paid up capital increased by 70% in comparing period.
Its non performing loan (NPL) stands at 0.76 percent from 2.41 percent from the last year.
Annualized earning per share is Rs.16.53 & net worth per share is Rs.151.18. PE ratio stands at 75.51 times.
