Butwal based Chautari Laghubitta reports exceptional rise in the profit by 78.28%; EPS and Net worth stands at Rs 8.15 and Rs 111.85 respectively
Mon, Jul 23, 2018 1:50 AM on Financial Analysis, Latest, Stock Market,
Chautari Laghubitta Bittiya Sanstha has published its fourth quarter report for the fiscal year 2074/75 showing massive growth in net profit by 78.28%.
The financial report published today reported the net profit of the microfinance as Rs 1.02 crore which was Rs 57.60 lakh in the corresponding quarter of the previous fiscal year.
The microfinance company collected Rs 22.34 crore as deposits and floated Rs 77.55 crore as loans and advances. Borrowings stood at Rs 44.34 crore which was Rs 21.21 crore in the corresponding quarter.
The net interest from income was Rs 5.14 crore and the operating profit stood at Rs 62.51 lakhs.
EPS of Chautari Laghubitta stood at Rs 8.15 and Net worth stood at Rs 111.85.
Major Highlights:
Particulars (In Rs '000) |
CHAUTARI |
||
---|---|---|---|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
Paid Up Capital |
126,000 |
21,000 |
500.00% |
Reserve & Surplus |
14,928 |
97,696 |
-84.72% |
Deposits |
223,461 |
89,214 |
150.48% |
Borrowings |
443,489 |
212,172 |
109.02% |
Loans & Advances |
775,536 |
381,283 |
103.40% |
Net Interest Income |
51,454 |
26,657 |
93.03% |
Provision for possible losses |
15,540 |
2,908 |
434.32% |
Operating Profit |
6,251 |
9,209 |
-32.12% |
Net Profit |
10,269 |
5,760 |
78.28% |
NPL (%) |
0.48 |
0.14 |
242.86% |
Annualized EPS (In Rs.) |
8.15 |
27.43 |
-70.29% |
Net Worth per Share (In Rs.) |
111.85 |
565.22 |
-80.21% |