Laxmi Laghubitta has posted increase in net profit by 26.78%in Q4

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laxmi laghubitta

Laxmi Laghubitta Bittiya Sanstha has published fourth quarter report of FY 2075/76. Net profit surged by 26.78% in comparing period.

As per the published report, it has reported surge in net profit to Rs.11.09 crore in this Q4 of Fiscal year 2075/76 from Rs.8.75 crore in the same period of fiscal year 2074/75.



It has borrowed Rs 1.92 arba in this Q4 and collected deposit of Rs.1.30 arba. It had floated loan & advances of Rs.3.56 arba in this fourth quarter which was Rs. 2.67 arba in Q4 of FY 2074/75.

Its net interest income increased to Rs.30.15 crore in Q4 from Rs.23.94 crore in the last corresponding quarter of FY 2074/75.

Likewise, Operating profit increased to Rs.17.33 crore from the operating profit of Rs.13.35 crore in the FY 2074/75

Its paid up capital is Rs.24.20 crore with reserves of Rs.24.46 crore.

Its non performing loan stands at 1.26% from 0.98%. Cost of fund stands at 10.07% and capital adequacy at 13.31%.

Annualized earning per share (EPS) stands at Rs 45.54, Net worth per share at Rs.201.11 and PE ratio at 14.42 times.