Civil Laghubitta reports 61% rise in net profit in Q2; EPS stands at Rs 13.54

Civil Laghubitta Bittiya Sanstha (CLBSL) has reported Rs 74.26 lakhs profit in the second quarter (Q2) of the current fiscal year 2075/76.

According to the unaudited financial report for the second quarter published today, the microfinance has stated that its net profit surged to Rs 74.26 lakhs in second quarter as compared to Rs 46.02 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 Q2 up from Rs 2.15 crore compared to the corresponding quarter of the last fiscal year.

Civil Laghubitta has paid up capital of Rs 10.97 crore. Its reserve has increased to Rs 1.74 crore.

Its annualized Earning Per Share (EPS) stands at Rs 13.54, net worth per share at Rs.115.90 and P/E ratio at 50.24 times.