Chautari Laghubitta reports 209.9% growth in Net profit; annualized EPS stands at Rs 11.31

Chautari Laghubitta Bittiya Sanstha (CHLBS) has published its second-quarter report for the FY 2075/76.

CHLBS has posted paid-up capital worth Rs.18.6 crore which was Rs. 12.60 crore for the first quarter of FY 75/76. After the first quarter, CHLBS had floated IPO worth of Rs 6 crore.

The company has reserves worth Rs.2.54 Crore which fell from Rs.10.95 Crore posted in the corresponding quarter of the previous year. The company has borrowings worth Rs.57.91 Crore. Similarly, the company has deposits worth Rs.33.24 Crore and loans worth Rs.1.09 Arba.

The net interest income of the microfinance company stands at Rs.3.82 Crore by the end of the second quarter. The company posted operating profits worth Rs.78.56 Lakhs and net profits worth Rs.1.05 crore for the Q2 of FY 2075/76.  The NPL has fallen from 1.02% to 0.68% compared to the corresponding quarter of the fiscal year.

Similarly, the annualized EPS stands at Rs 11.31 and the PE ratio stands at 21.04 times. The net-worth per shares of CHLBS is Rs 113.68.