Gurans Laghubitta reports Rs. 40.91 lakhs as net profit in Q2; deposits increase by 173.51%
Mon, Feb 11, 2019 11:00 AM on Financial Analysis, Latest, Stock Market,
Guras Laghubitta Bittiya Sanstha (GLBSL) has published the unaudited quarterly report for the second quarter (Q2) of FY 2075/76.
The paid-up capital of the non-listed microfinance company stands at Rs. 5.25 Crore till the month of Poush of this fiscal year. The company has reserves of Rs. 2.70 Lakh from the negative reserve of Rs. 1.09 crore in the previous year's corresponding quarter.
The borrowings stand at Rs. 43.89 Crore and the deposits stand at Rs. 7.87 Crore while the loans and advances stand at Rs. 51.90 Crore.
The net interest income grew from Rs. 63.49 Lakhs to Rs. 1.22 crore from the corresponding quarter of last FY 2074/75 to current FY 2075/76. The company posted an operating profit of Rs. 40.94 lakhs and a net profit of Rs. 40.91 Lakhs in Q2.
The NPL grew from 0.92% in the corresponding quarter of the previous year to 3.83% with the net worth of Rs. 100.51. The company is yet to float IPO to the general public.
Major Highlights:
|
Particulars (In Rs '000) |
Gurans Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q2 2075/76 |
Q1 2075/76 |
Difference |
|
|
Paid Up Capital |
52,500 |
42,000 |
25.00% |
|
Reserve & Surplus |
270 |
-10,951 |
- |
|
Deposits |
78,746 |
28,791 |
173.51% |
|
Borrowings |
438,981 |
279,028 |
57.33% |
|
Loans & Advances |
519,072 |
321,539 |
61.43% |
|
Net Interest Income |
12,282 |
6,349 |
93.45% |
|
Provision for possible losses |
2,141 |
2,724 |
-21.42% |
|
Operating Profit |
4,094 |
-3,589 |
- |
|
Net Profit |
4,091 |
-3,589 |
- |
|
NPL (%) |
3.83 |
0.92 |
316.30% |
|
Annualized EPS (In Rs.) |
15.58 |
-17.09 |
- |
|
Net Worth per Share (In Rs.) |
100.51 |
73.93 |
35.97% |
