First quarter financial highlights of RMDC Laghubitta reflect growth; net profits increase to Rs.7.35 Crore
Fri, Oct 25, 2019 1:18 PM on Financial Analysis, Latest,
RMDC Laghubitta Bittiya Sanstha Limited (RMDC) has published its unaudited financial report for the first quarter of the fiscal year 2076/77. RMDC has earned net profit of Rs.7.35 Crore till the end of Q1 in this fiscal year 2076/77. As per report, the profit rises by 3.60% as compared to the same period last year.
Its borrowings have increased to Rs.7.55 Arba. The company has floated Rs.8.11 Arba worth of loans and hasn’t set aside any amount as provision for provision for possible losses.
The company posted Rs.11.85 Crore as net interest income and Rs.11.56 Crore as operating profit for the end of first quarter. The NPL of the company stands at 0% compared to 0.0042% in the corresponding quarter of the previous year.
As of Q1, RMDC has a paid up capital of Rs.79.93 Crore with reserve of Rs.1.68 Arba. Its net worth per share stands at Rs.311.10. Likewise, its annualized EPS stands at Rs.36.78. The PE Ratio stands at 16.58 times.
