Lalitpur Finance Limited (LFC) has posted a net profit of Rs 11.32 crore till the end of third quarter of the FY 2073/74.
As of Q3, LFC has earned Rs 1.79 crore in net interest income. It has mobilized Rs 15.23 crore in deposits and Rs 39.07 crore in loans in this period. LFC’s non-performing loans has increased to Rs 98.95% from 85.05% in the corresponding quarter last year.
Its paid up capital now stands at Rs 18.79 crore with negative reserve of Rs 15.91 crore. Nepal Rastra Bank had declared Lalitpur Finance as crisis-ridden in March 2015.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q3 |
FY 2072/73 Q3 |
Difference (%) |
| Paid Up Capital |
187,945 |
187,945 |
0.00% |
| Reserve and Surplus |
(159,167) |
(180,322) |
-11.73% |
| Deposits |
152,301 |
427,358 |
-64.36% |
| Loans and Advances |
390,767 |
672,707 |
-41.91% |
| Net Interest Income |
17,911 |
(6,693) |
367.60% |
| Provision |
- |
171,007 |
- |
| Write Back |
68,977 |
145,688 |
- |
| Operating Profit |
9,301 |
(189,580) |
104.91% |
| Net Profit |
113,284 |
(6,916) |
1737.93% |
| Capital Adequacy Ratio |
2.08% |
-11.86% |
- |
| NPL |
98.95% |
85.05% |
16.34% |
| Cost of Fund |
5.95% |
6.39% |
|
| EPS (Annualized) |
80.37 |
-4.91 |
1737.93% |
| PE Ratio |
2.29 |
|
|
| Networth Per Share |
15.31 |
|
|
