Vijaya Laghubitta Bittiya earns Rs 6.23 crore with 149.87% growth in Q4; Qtr end PE stands at 15.16 times

Wed, Jul 31, 2019 7:58 AM on Financial Analysis, Latest, Stock Market,

Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has published its Q4 report of the fiscal year 2075/76. As per the unaudited report, the net profit of the company rises by an outstanding 149.87% to Rs 6.23 crore.

The borrowings of the company has increased massively by 110.41% to Rs 2.21 arba whereas its deposits rises by 92.48% to Rs 59.33 crore.  It has floated loans of Rs 2.93 arba till Q4. Loan & advances of the company have increased massively by 98.51% compared to the corresponding quarter of last fiscal year.

The net interest income of the company surges by 64.30%, from Rs 9.98 crore to Rs 16.40 crore till Q4 of FY 2075/76.

The earning per share of the company is Rs 31.99 and net worth per share stands at Rs 143.87.

Click here for Q4 report:

Major Highlights:

Particulars (In Rs '000)

Vigaya Laghubitta

Q4 2075/76

Q4 2074/75

Difference

Paid Up Capital

194,810.00

194,810.00

0.00%

Reserve & Surplus

85,456.13

23,145.80

269.21%

Borrowings

2,212,910.57

1,051,703.57

110.41%

Deposits

593,397.45

308,290.52

92.48%

Loans & Advances

2,937,390.16

1,479,683.40

98.51%

Net Interest Income

164,075.38

99,865.91

64.30%

Staff Expenses

83,868.41

59,426.85

41.13%

Provision for possible losses

15,256.87

17,146.58

-

Operating Profit

96,425.89

32,749.08

194.44%

Net Profit

62,310.32

24,936.83

149.87%

Capital Adequacy (%)

9.52

14.99

-36.49%

NPL (%)

1.75

1.79

-2.23%

Cost of Fund (%)

10.97

10.82

1.39%

EPS (In Rs.)

31.99

12.80

149.87%

Net Worth per Share (In Rs.)

143.87

111.88

28.59%

PE Ratio (times)

15.16

-

-