Infinity Laghubitta reports more than 150% growth in net profit by the end of second quarter; EPS stands at Rs.29.34

Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has published its unaudited financial report for the second quarter of the fiscal year 2076/77. Infinity has earned net profit of Rs.3.34 Crore till the end of Q2 in this fiscal year 2076/77. As per report, the profit has risen by 158.16% as compared to the same period last year.

Infinity Laghubitta deposits grew by 54.87% to Rs.61.06 Crore. Similarly, its borrowings have increased to Rs.1.15 Arba. The company has floated Rs.1.81 Arba worth of loans and has set aside Rs.29.43 Lakhs as provision for provision for possible losses.

As of Q2, Infinity has a paid up capital of Rs.22.81 Crore with reserve of Rs.6.78 Crore. Its net worth per share stands at Rs.129.75. Likewise, its annualized EPS stands Rs.29.34. The PE Ratio was reported at 19.15 times.