Global IME Laghubitta and NMB Microfinance report profit for the third quarter; Sabaiko Laghubitta registers net loss of Rs 32.20 lakh

Global IME Laghubitta Bittiya Sanstha (GILB) has published its third quarter report showcasing a profit of Rs 1.14 crore.

The microfinance company collected deposits equal to Rs 29.52 crore and has floated loans of Rs 88.04 crore in the third quarter of the current fiscal year.

The net interest income of the company has increased from Rs 3.83 crore to Rs 3.97 crore.

The paid up capital of the company stands at Rs 9.60 crore with Rs 4.54 crore.

The annualized EPS of the company stands at Rs 15.93 with Rs 147.27 as the net worth of the company.

NMB Microfinance Bittiya Sanstha (NMBMF) has also published its quarterly report witnessing Rs 2.18 crore in the third quarter. The profit has decreased from Rs 3.52 crore in the corresponding quarter.

The deposits of the microfinance company amounts Rs 61.55 crore and floated loans of Rs 2.13 arba in the third quarter of the fiscal year 2074/75.

The paid up capital of the company stands at Rs 14.08 crore with Rs 9.80 crore in the reserve and surplus.

The EPS of the microfinance company is Rs 20.64 and Net worth of the company stands at Rs 139.59.

Likewise, Sabaiko Laghubitta Bittiya Sanstha Limited (SLBSL) has also published its third quarter report for the fiscal year 2074/75. 

The microfinance collected Rs 7.04 crore as deposits and floated Rs 44.56 crore as loans and advances.

The company has paid up capital equal to Rs 11.20 crore and negative reserve of Rs 30.69 lakh.

In the third quarter of the fiscal year 2074/75, the net loss of the company has been reported to be Rs 32.20 lakh.