Civil Laghubitta publishes third quarter highlights for FY 75/76; net profits increased by more than 40%
Sun, Apr 28, 2019 1:04 PM on Financial Analysis, Latest, Stock Market,
Civil Laghubitta Bittiya Sanstha (CLBSL) has reported Rs 1.16 crore profit in the third quarter (Q3) of the current fiscal year 2075/76.
According to the unaudited financial report for the third quarter published today, the microfinance has stated that its net profit surged to Rs 1.16 crore in third quarter as compared to Rs 49.65 lakh in the corresponding quarter of the last fiscal year 2074/75.
The microfinance company’s borrowing has increased from Rs 22.06 crore in the corresponding quarter of the previous year to Rs 37.63 crore in the second quarter of the fiscal year 2075/2076.
Its net interest income has also increased to Rs 2.94 crore in the Q3 up from Rs 2.15 crore compared to the corresponding quarter of the last fiscal year.
Civil Laghubitta has paid up capital of Rs 11.41 crore. Its reserve has increased to Rs 1.65 crore compared to the corresponding quarter of the previous year but it less than that of the previous year’s third quarter.
Its annualized Earning Per Share (EPS) stands at Rs 16.59, net worth per share at Rs.114.46 and P/E ratio at 41.78 times.
