Jana Sewi Laghubitta reports increase in net profit by 260% in Q3

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jana sewi laghubitta

Jana Sewi Laghubitta Bittiya Sanstha has published third quarter report of FY 2075/76. Net profit surged by 260.89% in comparing period.

As per the published report, it has reported surge in net profit to Rs.87.59 lakh in this Q3 of Fiscal year 2075/76 from Rs.24.27 lakh in the same period of fiscal year 2074/75.



It has borrowed Rs.30.75 crore and deposit of Rs.17.49 crore in Q3. It has floated loan & advances of Rs.57.26 crore in the third quarter. Deposit collection increased by 67.61% and loan disbursement increased by 51.69%.

Its net interest income increased to Rs.3.30 crore in Q3 from Rs.1.78 crore in the last corresponding quarter of FY 2074/75.

Operating profit increase to Rs.1.37 crore from of Rs.38.13  lakh in the last year. Operating profit decreased by 260.98%.

Its paid up capital is Rs.9.80 crore with reserves of Rs.1.31 crore. It is float IPO worth Rs.4.63 crore, sebon granted approval to issue IPO.

Its non performing loan stands at 1.79% from 2.29%. Cost of fund 10.16%.

Annualized earning per share (EPS) stands at Rs 11.92 and Net worth per share at Rs.113.37.