Adarsha Laghubitta posts net profit of Rs 5.21 lakh for Q1 of 2075/76; Capital at Rs 1.40 crore with reserves of Rs 22.53 lakh

Fri, Nov 8, 2019 11:18 AM on Financial Analysis, Latest,
Adarsha La...

Adarsha Laghubitta Bittiya Sanstha Limited has posted a net profit of Rs.5.21 Lakhs in the unaudited first-quarter report for the fiscal year 2076/77.

The young microfinance company posted a net interest income of Rs.36.65 lakh and a total operating income of Rs.8.19 lakh by the end of the first quarter.

The company has collected deposits worth Rs.9.64 Crore while it has issued loans worth Rs.12.02 Crore till the Q1 of 2076/77. Similarly, the borrowings of the company stands at Rs.2.81 Crore.

As per the first-quarter report, the paid-up capital of the company stands at Rs.1.40 Crore with reserves of Rs.22.53 Lakhs.