EPS reaches Rs 31.73 in the first quarter for Global IME Laghubitta; Profit rises by 178% to reach Rs 76.19 lakh

Tue, Oct 30, 2018 8:21 AM on Financial Analysis, Latest, Stock Market,

Global IME Laghubitta Bittiya Sanstha (GILB) has published its first quarter report showcasing a profit of Rs 76.19 lakh.

The microfinance company collected deposits equal to Rs 45 crore and has floated loans of Rs 1.63 arba in the first quarter of the fiscal year 2075/76.

The borrowings of the company stand at Rs 1.30 arba in the first quarter.

The net interest income of the company has increased from Rs 1.12 crore to Rs 2.19 crore.

The paid up capital of the company stands at Rs 9.60 crore with reserve of Rs 5.40 crore.

The EPS of the company stands at Rs 31.73 with Rs 156.23 as the net worth of the company.

Major Highlights:

Particulars (In Rs '000)

GILB

Q1 2075/76

Q1 2074/75

Difference

Paid Up Capital

96,050

96,050

0.00%

Reserve & Surplus

54,008

17,630

206.35%

Deposits

450,054

200,853

124.07%

Borrowings

1,303,470

490,810

165.58%

Loans & Advances

1,635,851

569,850

187.07%

Net Interest Income

21,916

11,214

95.44%

Provision for possible losses

5,020

-

-

Operating Profit

11,308

3,683

207.04%

Net Profit

7,619

2,735

178.55%

NPL (%)

0.51

1.63

-68.71%

Annualized EPS (In Rs.)

31.73

11.39

178.55%

Net Worth per Share (In Rs.)

156.23

118.35

32.00%

P/E Ratio (In times)

34.39