Grameen Bikas Laghubitta reports Rs 11.18 crore as net profit for Q2; Net worth per share at Rs 164

Grameen Bikas Laghubitta Bittiya Sanstha Limited (GBLBS) posted a decrease of 1.35% in net profits as per the Q2 report posted by the company. The net profit stands at Rs 11.18 crore as compared to Rs 11.34 crore posted the previous year.

The net interest income of the company increased to Rs 53.81 crore till Q2.

Its deposit has increased to Rs 3.49 arba till Q2. Similarly, the bank has increased its credit disbursement to Rs 10.33 arba till Q2.

Its paid-up capital stands at Rs 98.25 crore whereas its reserve stands at Rs 62.88 crore.

Its annualized EPS stands at Rs 22.78 and net worth per share stands at Rs 164.

Its current capital adequacy ratio is 11.46% with the cost of the fund at 9.18%.

Second Quarter Report