Gurans Laghubitta earns Rs 41.53 lakh till Q2 of 2076/77; Reserves at Rs 2.47 crore

Gurans Laghubitta Bittiya Sanstha (GLBSL) has earned Rs 41.53 lakh till the end of the second quarter of FY 2076/77.

The paid-up capital of the microfinance company stands at Rs 7.75 crore and reserves of Rs 2.47 crore from Rs 2.70 lakhs in the previous year's corresponding quarter.

The borrowings stand at Rs 60.74 crore and the deposits stand at Rs 12.47 crore while the loans and advances stand at Rs 71.72 crore.

The net interest income grew to Rs 2.36 crore. The NPL shrunk from 3.83% in the corresponding quarter of the previous year to 2.98%.

The annualized earning per share is Rs 10.72 and its stock is trading at the PE of 55.51 times. The net worth per share stands at Rs 131.20.

Second Quarter Report