Suryodaya Laghubitta Bittiya Sanstha has posted surged net profit by 18.47% in the fourth quarter of this fiscal year 2074/75.
As per the published report, the microfinance has reported decreased in net profit to Rs.1.93 crore in this Q4 from Rs.2.37 crore in the corresponding quarter of last fiscal year 2073/74.
It has borrowing of Rs.47.91 crore & deposit of Rs.39.90 crore. It had extended in loan & advances of Rs.87.09 crore in the fourth quarter. Deposit increased by 58.83% & loan expansion increased by 37.67%.
Its net interest income declined to Rs.6.38 crore from Rs.6.98 crore in the last corresponding quarter. Operating profit also fall to Rs.3.03 crore from 3.73 crore in the last year. Net interested income decreased by 8.63% & operating profit decreased by 18.47%.
Its paid up capital is Rs.7.56 core with reserves of Rs.8.32 crore.
Its non performing loan stands at 1.14 percent from 0.69 percent from the last year
Annualized earning per share is Rs.25.58. Net worth per share is Rs.210.05. PE ratio stands at 60.59 times. Cost of fund is Rs.10.29%.
