Laxmi Laghubitta Bittiya Sanstha has published First quarter report of Fiscal Year 2076/77. Net profit surged by 37.37% in the comparing period.
As per the published report, the microfinance company has reported surge in net profit to Rs.3.17 crore in this Q1 of Fiscal year 2076/77 from Rs.2.31 crore in the same period of fiscal year 2075/76.
It has borrowed Rs 2.00 arba and collected deposit of Rs.1.39 arba in this period. It had floated loan & advances of Rs. 3.78 arba in this first quarter which was Rs.2.93 arba in Q1 of FY 2075/76.
Its net interest income increased to Rs.8.98 crore in Q1 from Rs.6.59 crore in the last corresponding quarter of FY 2075/76.
Likewise, Operating profit increased to Rs.5.03 crore from the operating profit of Rs.3.63 crore in the FY 2074/75
Its paid up capital is Rs.27.83 crore with reserves of Rs.21.03 crore.
Its non performing loan (NPL) increased to 1.52% from 0.99%. Cost of fund stands at 9.99% and capital adequacy at 12.54%.
Annualized earning per share (EPS) stands at Rs 45.66, Net worth per share at Rs.175.76 and PE ratio at 14.24 times.
