Deprosc Laghubitta posts 54% increase in the net profits for the first quarter; EPS up by almost 33% at Rs.47.48
Thu, Nov 15, 2018 1:25 PM on Financial Analysis, Latest, Stock Market,
Deprosc Laghubitta Bittiya Sanstha (DDBL) has published the unaudited Q1 report for FY 75/76. As per the report, the paid up capital of the company is at Rs.70.31 Crore which increased by 16% compared to the corresponding quarter of the previous year. The reserves of the company that were previously at Rs.65.48 Crore have grown to Rs.73.16 Crore.
The microfinance company posted operating profit of Rs.10.95 Crore and net profit of Rs.8.34 Crore increased by more than 57% and 54% respectively. The borrowings of the company also went up by more than 60% and currently stand at Rs.5.18 Arba. The company currently has deposits worth Rs.2.63 Arba and loans worth Rs.8.30 Arba. The investment of the company remain unchanged at Rs.20.10 Lakhs.
The NPL of the company increased from 0.58% to 0.62% for the end of first quarter. The company posted annualized EPS of Rs.47.48 and net worth per share of Rs.204.06.
Highlights
|
Particulars (In Rs '000) |
Q1 75/76 |
Q1 74/75 |
Difference |
|---|---|---|---|
|
Paid Up Capital |
703,100.40 |
606,121.04 |
16.00% |
|
Reserves and Surplus |
731,619.07 |
654,856.21 |
11.72% |
|
Deposits |
2,634,050.94 |
1,809,441.12 |
45.57% |
|
Borrowings |
5,184,022.49 |
3,231,150.08 |
60.44% |
|
Loans and Advances |
8,309,965.72 |
5,890,043.33 |
41.08% |
|
Net Interest Income |
185,053.15 |
148,362.69 |
24.73% |
|
Provision for possible losses |
28,607.65 |
20,580.88 |
39.00% |
|
Operating Profit |
109,557.20 |
69,660.16 |
57.27% |
|
Net Profit |
83,456.65 |
54,145.69 |
54.13% |
|
NPL (%) |
0.62% |
0.58% |
6.90% |
|
EPS (In Rs) |
47.48 |
35.72 |
32.92% |
|
Net Worth Per Share (In Rs) |
204.06 |
208.04 |
-1.91% |
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