Chautari Laghubitta and Samata Laghubitta published unaudited second quarter report; both reflect strong growth in major indicators

Chautari Laghubitta Bittiya Sanstha Limited (CHLBS) net profit surges by 152.29 percent in the second quarter of the current fiscal year 2076/77.

Publishing the unaudited financial report for the second quarter, the microfinance company stated that its net profit has increased to Rs.2.65 Crore in the Q2 of fiscal year 2076/77, from Rs.1.05 Crore in the corresponding period of the previous fiscal year 2075/76.

The company has borrowings of Rs.97.15 Crore till the second quarter, up from Rs.57.90 Crore in the corresponding quarter. Likewise, it has extended loans and advances of Rs.1.71 Arba in Q2 whereas in the same period last year the figure stood at Rs.1.08 Arba.

Its net interest income has also increased from Rs.3.82 Crore in corresponding quarter to Rs.7.15 Crore till the second quarter. It’s paid up capital stands at Rs.19.90 Crore with reserve of Rs.5.65 Crore in Q2.

Its non-performing loan (NPL) has increased to 1.24% in Q2 from 0.68% in the previous year report. Its annualized earning per share (EPS) stands at Rs.26.66, net worth per share at Rs.128.41 and the P/E ratio at 16.27 times.

Samata Laghubitta Bittiya Sanstha Limited (SMATA) has published an unaudited financial report for the second quarter today. It has stated that net profit has increased by 257.80% to Rs.2.58 Crore in the second quarter of fiscal year 2076/77 from Rs.72.17 Lakhs reported in the corresponding quarter of the previous fiscal year 2075/76.

Likewise, it extended loans of Rs.1.53 Arba in the review period. It has collected deposits of Rs.60.23 Crore in the second quarter of the fiscal year 2076/77. It has paid-up capital of Rs.19.11 Crore with a reserve of Rs.9.15 Crore in Q2 of FY 2076/77.

Its net interest income has increased from Rs.2.83 Crore in the corresponding quarter last year to Rs.5.48 Crore in the second quarter of fiscal year 2076/77. Its operating profit has increased to Rs.1.46 Crore in Q2, from Rs.1 Crore in the corresponding quarter.

The annualized Earnings per Share (EPS) stand at Rs.27.03. SMATA’s non-performing loan (NPL) stands at 1.68 percent in the second quarter. Currently, net worth per share stands at Rs.147.88.