Asha Laghubitta posted net loss of Rs 37.88 lakh in Q1, Net worth at Rs 78.85

Asha Laghubitta Bittiya Sanstha Limited has shown net loss of Rs 37.88 lakh in the first quarter of the FY 2074/75. As per the unaudited quarterly report for the first quarter published today, its operating loss also surges to Rs 37.95 lakh. It has borrowings of Rs. 66.41 crore and loans of Rs 65.96 crore in the first quarter of 2074/75 while its borrowings and loan was Rs 10.00 crore and Rs 24.87 lakh respectively in the corresponding quarter of fiscal year 2073/74. It has a paid up capital of 7 crores with negative reserve of Rs 1.48 crore. It will be issuing IPO to the general public in upcoming days. Likewise, the non-performing loan has decreased to 0.03% from 0.05%. Its net worth per share stands at Rs 78.85.