Vijaya Laghubitta Bittiya Sanstha has reported fall in net profit by 16.97% in the fourth quarter of this fiscal year 2074/75.
As per the published report, the microfinance has reported declined in net profit to Rs 2.61 crore in this Q4 from Rs.3.15 crore in the corresponding quarter of last fiscal year 2073/74.
It has borrowing of Rs.1.05 arba & deposit of Rs.30.83 crore. It had extended in loan & advances of Rs.1.48 arba. Depsit increased by 102.98% & loan expansion increased by 68.53%.
Net interest income has surged to Rs.9.96 crore from Rs.7.87 crore in the last corresponding quarter. Operating profit increased to Rs.3.42 crore from Rs.3.73 crore in the comparing period. Operating profit declined by 8.30%.
Its paid up capital is Rs.17.71 crore with reserve balance of Rs.4.25 crore. Reserved grown by 152.34%.
Its non performing loan stands at 1.68% from 1.31% in the last year.
Annualized earning per share stands at Rs.14.78 & net worth per share is Rs.124.01. PE ratio stands at 51.76 times. Cost of fund is 10.82%.
