Civil Laghubitta earns Rs 18.04 lakh in Q1, EPS rises to Rs 6.87

Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has registered a net profit growth of 91.27 % in the first quarter of the current FY 2074/75. According to the unaudited financial report published by the microfinance today, its net profit has increased to Rs 18.04 lakh in first quarter, up from Rs 9.43 lakh in the corresponding quarter of the previous fiscal year. Its net interest income has risen to Rs 1.04 crore in Q1 as compared to Rs. 77.49 lakh. The microfinance has collected deposits of Rs 11.96 crore whereas borrowed Rs 11.96 crore till the end Q1. Likewise, it has extended loans and advances of Rs 40.82 crore, whereas in the same period last year, the figure stood at Rs 21.80 crore. Its annualized Earnings per Share (EPS) now stands at Rs 6.87, net worth of Rs 111.11 per share and P/E ratio at 188.41 times. Its paid up capital stands at Rs 10.50 crore with 1.16 crore in reserve. Major Highlights:
Particulars (In Rs '000) CLBSL
Q1 2074/75 Q1 2073/74 Difference
Paid Up Capital                105,000          100,000 5.00%
Reserve & Surplus                  11,663               7,228 61.37%
Deposits                119,683             66,429 80.17%
Borrowings                182,183          114,978 58.45%
Loans & Advances                408,270          218,029 87.25%
Net Interest Income                  10,417               7,749 34.44%
Provision for possible losses                     1,069                  755 41.60%
Operating Profit                     2,744               1,482 85.12%
Net Profit                     1,804                  943 91.27%
NPL (%) 0.58 0.58 0.00%
 Annualized EPS (In Rs.)                       6.87                 3.77 82.16%
Net Worth per Share (In Rs.)                  111.11            107.23 3.62%
P/E Ratio (In times) 188.41 - -
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