Global IME Laghubitta shows outstanding growth in Q2 of FY 75/76; Net Profit and Operating Profit increased by more than 150%; EPS of the company stands at Rs 35.5
Wed, Jan 30, 2019 12:40 PM on Latest, Stock Market, Financial Analysis,
Global IME Laghubitta Bittiya Sanstha (GILB) has published a Q2 report of the fiscal year 2075/76 showcasing a profit of Rs 1.96 crore. The net profit of the company has increased by 162.48% compared to Rs 74 lakhs in the Q2 of the last fiscal year.
The microfinance company collected deposits of Rs 56.64 crore and has floated loans of Rs 2.2 arba in the second quarter of the fiscal year 2075/76. Loan & advances of the company have increased by more than 200% compared to the corresponding quarter of last fiscal year.
The borrowings of the company has grown by 185% to Rs 1.76 arba from Rs 61.31 crore in Q2 of FY 2075/76.
The net interest income of the company has increased by 106%, from Rs 2.51 crore to Rs 5.18 crore. Operating profit has increased by 203% to Rs 2.9 crore in Q2 of FY 2075/76.
| Particulars (In Rs '000) | GILB | ||
|---|---|---|---|
| Q2 2075/76 | Q2 2074/75 | Difference | |
| Paid Up Capital | 110475.50 | 96050.00 | 15.02% |
| Reserve & Surplus | 35046.89 | 22365.00 | 56.70% |
| Deposits | 566496.00 | 241421.00 | 134.65% |
| Borrowings | 1763605.00 | 616680.00 | 185.98% |
| Loans & Advances | 2204429.00 | 663172.00 | 232.41% |
| Net Interest Income | 51847.88 | 25158.00 | 106.09% |
| Provision for possible losses | 13100.51 | 2120.00 | 517.95% |
| Operating Profit | 29101.00 | 9584.00 | 203.64% |
| Net Profit | 19607.00 | 7470.00 | 162.48% |
| NPL (%) | 0.53 | 1.30 | -59.23% |
| Annualized EPS (In Rs.) | 35.50 | ||
| Net Worth per Share (In Rs.) | 131.73 | ||
| P/E Ratio (In times) | 33.04 | ||
The paid-up capital of the company stands at Rs 11.04 crore with a reserve of Rs 3.50 crore.
The EPS and the net worth of the company stand at Rs 35.5 and Rs 131.73 respectively. As per the report company's P/E ratio is 33.04 times.
LTP of the company stands at Rs 1,160.
