Samudayik Laghubitta Bittiya Sanstha limited has posted huge raise in net profit by 134.12% in the third quarter of fiscal year 2074/75.
As per the report, it has posted raise in net profit of Rs. 1.37 crore in the Q3 from Rs.58.70 lakh in the corresponding quarter of last year.
It has made deposit collection of Rs.25.03 crore & borrowings of Rs. 41.57 crore. It has expanded in loan & advance of Rs.71.66 crore. Deposit increased by 34.59% & lending also increased by 60.20%.
Its net interest income increased to Rs. 4.66 crore from Rs 4.31 crore in the last year. Likewise, operating profit has increased to Rs.2.16 crore from Rs.9.22 lakh in the last year’s Q3.
Its paid up capital is Rs. 7 crore with reserve of Rs.3.71 crore.
Non-performing loan (NPL) stands at 1.78 from 1.96% in the last year. Cost of fund is 8.37%. CD ratio is 286.28%.
Annualized earning per share raise to Rs.26.18 from Rs.14.23 & net worth per share is Rs. 153.12.
IPO of 3 lakh units is still under dilemma which was announced on magh 2074.
