Global IME Laghubitta earns Rs 4.08 crore till Q3; company to issue 100% right shares

Mon, Apr 22, 2019 6:54 AM on Financial Analysis, Latest, Stock Market,

Global IME Laghubitta Bittiya Sanstha Limited (GILB) has published its unaudited Q3 report for FY 75/76. The company had earns Rs 4.08 crore till Q3 whereas the company had earn Rs 1.14 crore till Q3 of corresponding quarter.

The paid up capital currently stands at Rs 11.04 crore with Rs 7.73 crore in call in advance account for its upcoming 100% right shares. The reserves of the company have increased to Rs 5.59 crore up from Rs 4.54 crore in the corresponding quarter of the previous year.

The deposits have increased to Rs 71.29 crore while the loans of the company have increased to Rs 2.83 arba. The company has Rs 2.26 arba as borrowings.

The NPL of the company stands at 0.47% as of end of the third quarter and the annualized EPS stands at Rs 49.28.

The company is in process to issue 100% right shares to its shareholders.

Global IME Laghubitta to convene 6th AGM on Kartik 29; Company set to issue 100% right shares

Major Highlights:

*Call in advance for upcoming 100% right shares

Particulars (In Rs '000)

Global IME Laghubitta

Q3 2075/76

Q3 2074/75

Difference

Paid Up Capital

110,457.50

96,050.00

15.00%

Call in advance*

77,320.25

-

-

Reserve & Surplus

55,980.48

45,403.07

23.30%

Deposits

712,974.68

295,275.03

141.46%

Borrowings

2,269,774.46

697,599.34

225.37%

Loans & Advances

2,838,299.14

880,475.03

222.36%

Net Interest Income

95,004.12

39,723.87

139.16%

Provision for possible losses

20,676.51

3,228.65

-

Operating Profit

60,624.49

18,035.08

236.15%

Net Profit

40,824.51

11,476.87

255.71%

Capital Adequacy (%)

9.03

14.61

-38.19%

NPL (%)

0.47

1.26

-62.70%

Annualized EPS (In Rs.)

49.28

15.93

209.31%

Net Worth per Share (In Rs.)

150.68

147.27

2.32%

PE Ratio (times)

20.54

-

-