Swadeshi Laghubitta reports increase in net profit by 92.34% in Q3

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Swadeshi Laghubitta Bittiya Sanstha Limited

Swadeshi Laghubitta Bittiya Sanstha has published third quarter report of FY 2075/76. It has reported increase in net profit by 92.34% in comparing period.

As per the published report, it has reported surge in net profit to Rs.4.81 crore in this Q3 of Fiscal year 2075/76 from Rs.2.50 crore in the same period of fiscal year 2074/75.

It has borrowing of Rs.2.12 arba and deposit of Rs.91.29 crore in Q3. It had floated loan & advances of Rs.3.05 arba in the third quarter. Deposit collection increase by 65.34% and loan disbursement increase by 51.73%.



Its net interest income increased to Rs.16.18 crore in Q3 from Rs.10.55 crore in the last corresponding quarter of FY 2074/75.

Operating profit rose to Rs.7.62 crore from Rs.3.93 crore in the last year. Operating profit increased by 93.78% in the comparing period.

Its paid up capital is Rs.23.00 crore with reserves of Rs.15.96 crore. Paid up capital increased by 100% and reserve by 324.01%.

Its non performing loan stands at 1.99% from 1.51%. Cost of fund stand at 9.79% and capital adequacy at 11.85%.

Annualized earning per share (EPS) stands at Rs 27.93, Net worth per share at Rs.169.40 and PE ratio stands at 19.33 times.