Civil Laghubitta reports a profit of Rs 24.77 lakhs with net interest income Rs 1.44 crores

Thu, Nov 1, 2018 1:08 PM on Latest, Stock Market,

Civil Laghubitta Bittiya Sanstha (CLBSL) has reported profit in the first quarter (Q1) of the current fiscal year 2075/76.

According to the unaudited financial report for the first quarter published today, the microfinance has stated that its net profit surged to Rs 24.77 lakhs in first quarter as compared to Rs 18.04 lakh in the corresponding quarter of the last fiscal year 2074/75.

The microfinance company’s borrowing has increased from Rs 18.21 crore in the corresponding quarter of the previous year to Rs 32.55 crore in the last quarter of the fiscal year 2074/2075.

Its net interest income has also increased to Rs 1.44 crore in the Q1 up from Rs 1.04 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 2.09 crore.

Its annualized Earning Per Share (EPS) stands at Rs 9.03, net worth per share at Rs.119.09 and P/E ratio at 76.52 times.

Click here to see the full report