Nerude Laghubitta Bittiya Sanstha has published third quarter report of FY 2075/76. Net profit surged by 113.82% in comparing period.
As per the published report, it has reported surge in net profit to Rs.7.97 crore in this Q3 of Fiscal year 2075/76 from Rs.3.72 crore in the same period of fiscal year 2074/75.
It has borrowed Rs.2.17 arba in Q3 and deposit collection of 1.82 arba. It had floated loan & advances of Rs.4.78 arba in the third quarter. Deposit increased by 29.71% and loan disbursement increased by 27.59%.
Its net interest income increased to Rs.27.87 crore in Q3 from Rs.22.58 crore in the last corresponding quarter of FY 2074/75.
Operating profit increase to Rs.12.55 crore from of Rs.5.86 crore in the last year. Operating profit increased by 113.82%.
Its paid up capital is Rs.62.88 crore with reserves of Rs.98.79 arba.
Its non performing loan stands at 1.68% from 1.56%. Cost of fund 10.53%.
Annualized earning per share (EPS) stands at Rs 30.75, Net worth per share at Rs.231.52 and PE ratio at 14.80 times.
