Swabalamban Laghubitta Bikas Bank Limited (SWBBL) has posted net profit of 16.3 crore in the second quarter of this fiscal year.
As per the published report, the microfinance has shown increased in net profit to 16.3 crore in Q2 from 14.18 crore in the second quarter of last year. The net profit surged by 15.03 percent.
The microfiance company has made a deposit collection of 4.99 arba & borrowing of 3.46 arba during the period. It has floated in loan & advance of 8.5 arba where as in the last year loan floated was 7.06 arba.
Net interest income decreased to 42.13 crore from 48.54 crore in the last year. Operating profit increased to 25.45 crore from 22.27 crore in the last year. Operating profit increased by 14.285.
Its paid up capital is 50.31 crore with reserves of 74.26 crore.
Non-performing loan (NPL) stands at 0.98%. Cost of fund 8.76% & CD ratio is 173.39%.
Annualized EPS is 64.83 & net worth per share is 247.61. PE ratio stands at 20.05 times.
Also Read: Mirmire microfinance has posted hike in net profit of 76%.
