Biratnagar based Nerude Laghubitta net profit rise by 28.96% to Rs in Q4; EPs at Rs 67.01

Tue, Aug 11, 2015 12:00 AM on Others,

ShareSansar, August 11;

Nerude Laghubitta Bikas Bank Limited (NLBBL) has posted a net profit of Rs 8.37 crore in the fourth quarter of the last fiscal year.

Publishing the unaudited financial report for the fourth quarter today, the net interest income of NLBBL increased to Rs 23.46 crore, up from Rs 17.86 crore in the corresponding  quarter of the previous fiscal year.. 

The microfinance  mobilized Rs 82.52 crore on deposit and Rs 1 arba 65 crore on loans in Q4. Likewise it’s paid up capital stood at Rs 12.50 crore with Rs 18.56 in reserve.

Non-performing loan (NPL) of micro finance company, however, went up to 1.08 percent in Q4 from 0.88 percent in the corresponding quarter of the previous fiscal year. 

The EPS and net worth per share of the NLBBL stands at Rs 67.01 and Rs 248.49 respectively.

Last year, NLBBL had endorsed 25 percent bonus and 20 percent cash dividend to its shareholders. 

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