Sparsha Laghubitta post huge increase in net profit in Q4 to Rs.1.56 crore

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sparsha laghubitta bittiya sanstha

Sparsha Laghubitta Bittiya Sanstha has published fourth quarter report of FY 2075/76. Net profit surged by 15358.42% in comparing period.

As per the published report, it has reported surge in net profit to Rs.1.56 crore in this Q4 of Fiscal year 2075/76 from Rs.1.01 lakh in the same period of fiscal year 2074/75.




It has borrowed Rs 68.58 crore in this Q4 and collected deposit of Rs.16.67 crore. It had floated loan & advances of Rs.90.38 crore in this fourth quarter which was 38.00 crore in Q4 of FY 2074/75.  Loan expansion increased by 137.83% and deposit by 190.39%.

Its net interest income increased to Rs.4.41 crore in Q4 from Rs.1.28 crore in the last corresponding quarter of FY 2074/75.

Likewise, Operating profit increased to Rs.2.28 crore from the operating profit of Rs.1.60 lakh in the FY 2074/75

Its paid up capital is Rs.8.29 crore with reserves of Rs.1.58 crore.  Reserved increased by 7160.1%% in the comparing period.

Its non performing loan stands at 0.49%. Cost of fund stands at 11.68% and capital adequacy at 11.07%.

Annualized earning per share (EPS) stands at Rs 18.82, Net worth per share at Rs.119.08 and PE ratio at 22.58 times.