Laxmi Laghubitta earns Rs 10.71 crore in 2073/74; EPS at Rs 48.69

Laxmi Laghubitta Bittiya Sanstha Limited (LLBS) has posted a net profit of Rs 10.71 at the end of fourth quarter of FY 2073/74. As per the unaudited financial statement published today, its net profit has increased by 71.53% as compared to Rs 6.24 crore last year. Its borrowings and deposits have increased by 40.72% and 66.29% respectively to Rs 1.31 arba and Rs 66.12 crore respectively. Likewise, it had floated loans worth Rs 2.18 arba due to which it has been able to earn Rs 24.54 crore in net interest income this year. The increase in net interest income is 64.57% growth year-on-year. At the end of Q4 this year, its paid up capital stands at Rs 22 crore, reserve at Rs 16.95 crore with net worth per share of Rs 177.08. Its EPS has decreased by 14.23% to Rs 48.69. Its non-performing loan has also increased to 0.50% from 0.30% last year. LLBS had provided 10.53% cash dividend in FY 2072/73 and had issued 100% right share. Major Highlights:
Rs. In '000 Q4 2073/74 Q4 2072/73 Difference (%)
Paid-up Capital       220,000       110,000 100.00%
Reserve       169,566         47,728 255.28%
Deposits       661,253       397,656 66.29%
Borrowings    1,315,593       934,930 40.72%
Loans & Advances    2,187,973    1,384,522 58.03%
Net Interest Income       245,454       149,151 64.57%
Operating Profit       165,308         95,689 72.76%
Net Profit       107,118         62,447 71.53%
NPL 0.50% 0.30% 66.67%
EPS           48.69           56.77 -14.23%
Net Worth Per Share         177.08
P/E Ratio           38.39