Global IME Laghubitta reports net profit of RS 3.34 crore for Q1 2076/77; Profit figure up by 339%
Fri, Oct 25, 2019 12:30 PM on Financial Analysis, Latest, Stock Market,
Global IME Laghubitta Bittiya Sanstha Limited (GILB) has published its unaudited Q1 report for FY 76/77. Its net profit has surged by 339% from Rs 76.19 lakh to Rs 3.34 crore.
The paid up capital currently stands at Rs 25.39 crore. The reserves of the company has increased to Rs 9.10 crore up from Rs 3.96 crore in the corresponding quarter of the previous year.
The deposits have increased to Rs 1.04 arba while the loans of the company have increased to Rs 3.82 arba. The company has Rs 3.02 arba as borrowings.
The NPL of the company stands at 0.54% as of end of the first quarter and the annualized EPS stands at Rs 52.7.
The networth per share stands at Rs 127.35 and PE is at 13.34 times.
Major Highlights:
| Particulars (In Rs '000) | Global IME Laghubitta | ||
|---|---|---|---|
| Q1 2076/77 | Q1 2075/76 | Difference | |
| Paid Up Capital | 253,919 | 110,457 | 129.88% |
| Reserve & Surplus | 91,034 | 39,601 | 129.88% |
| Borrowings | 3,027,531 | 1,303,470 | 132.27% |
| Deposits | 1,045,259 | 450,054 | 132.25% |
| Loans & Advances | 3,826,080 | 1,635,851 | 133.89% |
| Net Interest Income | 61,277 | 21,916 | 179.59% |
| Staff Expenses | 27,828 | 16,468 | 68.98% |
| Provision for possible losses | 9,501 | 5,020 | 89.27% |
| Operating Profit | 52,566 | 11,308 | 364.88% |
| Net Profit | 33,451 | 7,619 | 339.03% |
| Capital Adequacy (%) | 8.87 | 9.22 | -3.80% |
| NPL (%) | 0.54 | 0.51 | 5.88% |
| Cost of Fund (%) | 10.7 | 10.2 | 4.90% |
| Annualized EPS (In Rs.) | 52.7 | - | |
| Net Worth per Share (In Rs.) | 127.35 | - | |
| PE Ratio (times) | 13.34 | - | |
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