Samudayik Laghubitta Bittiya Sanstha Limited has posted meager growth in net profit by 4.88 % to Rs 45.16 lakh in the first quarter (Q1) of fiscal year 2074/75.
Publishing the unaudited financial report for the first quarter today, the microfinance institution has stated that its operating profit has also increase to Rs 45.16 lakh in Q1 from Rs 43.06 lakh in the corresponding quarter of the last fiscal year.
The micro finance institution’s borrowing remains to be Rs 40.25 crore and has collected Rs 21.55 crore in deposits.
Likewise, it has extended loans and advances of Rs 62.55 crore in Q1 of FY 2074/75 whereas in the same period last year the figure stood at Rs. 43.35 crore.
It has a paid up capital of Rs 7 crore and has Rs 2.01 crore in reserve and surplus.
Its non- performing loan (NPL) has decreased to 1.17 % in Q1 from 2.07 % in the first quarter of the last fiscal year.
Its earning per share (EPS) has decreased to Rs 25.81 in Q1 from Rs 128.71 previous year. Its net worth per share stands at Rs 128.71.
Major Highlights:
| Particulars (In Rs '000) |
Swadeshi Laghubitta (SDESI) |
| Q1 2074/75 |
Q1 2073/74 |
Difference |
| Paid Up Capital |
70,000 |
14,000 |
400.00% |
| Reserve & Surplus |
20,100 |
46,725 |
-56.98% |
| Deposits |
215,590 |
165,293 |
30.43% |
| Borrowings |
402,531 |
272,231 |
47.86% |
| Loans & Advances |
625,545 |
433,506 |
44.30% |
| Net Interest Income |
15,035 |
12,692 |
18.46% |
| Provision for possible losses |
902 |
(1,000) |
-190.20% |
| Operating Profit |
4,516 |
4,306 |
4.88% |
| Net Profit |
4,516 |
4,306 |
4.88% |
| NPL (%) |
1.17 |
2.07 |
-43.48% |
| Annualized EPS (In Rs.) |
25.81 |
123.03 |
-79.02% |
| Net Worth per Share (In Rs.) |
128.71 |
433.75 |
-70.33% |
