Naya Nepal Laghubitta posted improved Q4 reports; net profit surged by 1567.42%

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Naya Nepal Laghubitta Bittiya Sanstha

Naya Nepal Laghubitta Bittiya Sanstha has published fourth quarter report of FY 2075/76. Net profit surged by 1567.42% in comparing period.

As per the published report, it has reported surge in net profit to Rs.1.33 crore in this Q4 of Fiscal year 2075/76 from Rs.8.01 lakh in the same period of fiscal year 2074/75.




It has borrowed Rs 55.66 crore in this Q4 and collected deposit of Rs.14.17 crore. It had floated loan & advances of Rs.77.24 arba in this fourth quarter which was 33.61 arba in Q4 of FY 2074/75.

Its net interest income increased to Rs.3.86 crore in Q4 from Rs.1.88 crore in the last corresponding quarter of FY 2074/75.

Likewise, Operating profit increased to Rs.1.37 crore from the operating loss of Rs.16.17 lakh in the FY 2074/75

Its paid up capital is Rs.8.40 crore with reserves of Rs.3.53 crore.

Its non performing loan stands at 1.12% from 2.07%. Cost of fund stands at 11.98% and capital adequacy at 15.19%.

Annualized earning per share (EPS) stands at Rs 15.90, Net worth per share at Rs.142.10 and PE ratio at 26.67 times.