Civil Laghubitta Bittiya Sanstha registers astounding rise of 79.76% in the net profit; EPS at Rs 10.08 & P/E ratio at 86.31

Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has registered an astounding profit rise of 79.76 percent in the third quarter of the current fiscal year 2074/75.

According to the unaudited financial report published by the microfinance company today, its net profit has surged to Rs 82.94 lakh in third quarter, up from Rs 46.14 lakh in the corresponding quarter of the last fiscal year 2073/74. The operating profit has increased to Rs 1.30 crore from Rs 71.13 lakh as compared to the corresponding quarter of last fiscal year.

CLBSL’s deposit base has increased by 65.94% in this period. It now has deposits of Rs 15.004 crore with floated loans worth Rs 54.11 crore. In the same period last year, the figures stood at only Rs 9.04 crore and Rs 29.28 crore, respectively. Its borrowings have increased to Rs 27.01 crore from Rs 19.48 crore in the corresponding quarter. With this, it has been able to increase its net interest income by 8.86% to Rs 3.39 crore.

Its non-performing loan has increased to 1.02 percent in Q3 from 0.77 percent in the previous year report.

Annualized Earnings per share (EPS) of CLBSL now stands at Rs 10.08, net worth per share at Rs 110.25, and the P/E ratio as of the end of Q3 at 86.31times.

Currently, it’s paid up capital remains at Rs 10.97 crore with reserve of Rs 1.12 crore.

Major Highlights:

See the third quarter report here