Net profit of Vijaya Laghubitta increased by 140% in Q3

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Vijaya Laghubitta Bittiya Sanstha

Vijaya Laghubitta Bittiya Sanstha has published third quarter report of FY 2075/76. It has posted Net profit increased by 139.83% in comparing period.

As per the published report, it has reported surge in net profit to Rs.3.70 crore in this Q3 of Fiscal year 2075/76 from Rs.1.54 crore in the same period of fiscal year 2074/75.



It has borrowed Rs 1.83 arba and deposit of Rs.50.52 crore in Q3. It had floated loan & advances of Rs.2.47 arba in the third quarter. Deposit collection increased by 94.08% and loan disbursement increased by 102.41%.

Its net interest income increased to Rs.11.08 crore in Q3 from Rs.7.09 crore in the last corresponding quarter of FY 2074/75.

Operating profit increase to Rs.5.11 crore from of Rs.1.68 crore in the last year. Operating profit increased by 203.50%.

Its paid up capital is Rs.19.48 crore with reserves of Rs.6.01 crore.

Its non performing loan stands at 2.54% from 2.80%. Cost of fund 10.80%.

Annualized earning per share (EPS) stands at Rs 25.35, Net worth per share at Rs.130.83 and PE ratio at 25.29 times.