Nagbeli Laghubitta Bittiya Sanstha posted decline in net profit by 23.42% in the fourth quarter of this fiscal year 2074/75.
As per the published report, the microfinance has reported fall in net profit to Rs.2.58 crore in this Q4 from Rs.3.37 crore in the corresponding quarter of last fiscal year 2073/74.
It has borrowing of Rs. 42.18 crore & deposit of Rs. 24.68 crore. It had extended in loan & advances of Rs. 70.79 crore. Deposit increased by 44.47% & lending increased by 13.12%.
Its net interest income fallen to Rs 6.15 crore from Rs.7.3061 crore in the last corresponding quarter. Operating profit decreased to Rs.3.20 crore from Rs.4.39 crore in the comparing period. Operating profit decreased by 27.11%.
Increasing interest rate & expanses leads to decreased operating profit & net profit.
Its paid up capital is Rs.7.66 crore with reserves fund of Rs.9.28 crore.
Its non performing loan stands at 2.37% from 0.97% from the last year. Cost of fund is Rs.11.50%.
Annualized earning per share is Rs.33.69. Net worth per share is Rs.171.86. PE ratio stands at 37.99 times.
