Janautthan Samudayik’s profit rises by 27.16% in Q1; Nagarik Laghubitta reports loss of Rs 25.17 lakh
Sun, Nov 18, 2018 11:22 AM on Financial Analysis, Latest, Stock Market,
Janautthan Samudayic Laghubitta Bikas Bank Limited (JSLBB) posted a decent rise of 27.16% in the net profits. The net profit stood at Rs. 47.31 lakhs this year as compared to profit of Rs.37.20 lakhs last year.
The microfinance company collected deposits equal to Rs 26.62 crore while loans and advance amounted to Rs 1.007 arba. The borrowings of the company grew to Rs.79.89 Crore, marking an increase of 47.69%.
The paid-up capital of the company stands at Rs 3.26 crore with reserve of Rs 4.66 crore.
The EPS of the company saw a slight boost and currently stands at Rs 57.98 as compared to 51.67 last year. The net worth per share has increased by 13.71% and stands at Rs 242.83.
Major Highlights:
|
Particulars (In Rs '000) |
JSLBB |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
32,639 |
28,800 |
13.33% |
|
Reserve & Surplus |
46,619 |
32,704 |
42.55% |
|
Deposits |
266,204 |
158,778 |
67.66% |
|
Borrowings |
798,963 |
540,963 |
47.69% |
|
Loans & Advances |
1,007,312 |
662,815 |
51.97% |
|
Net Interest Income |
17,684 |
12,671 |
39.57% |
|
Provision for possible losses |
2,834 |
2,016 |
40.60% |
|
Operating Profit |
6,306 |
5,642 |
11.78% |
|
Net Profit |
4,731 |
3,720 |
27.16% |
|
NPL (%) |
1.74 |
1.14 |
52.63% |
|
Annualized EPS (In Rs.) |
57.98 |
51.67 |
12.20% |
|
Net Worth per Share (In Rs.) |
242.83 |
213.56 |
13.71% |
Nagarrik Laghubitta Bittiya Sanstha Limited has reported net loss of Rs 25.17 lakh in the first quarter of the current fiscal year.
The microfinance company ‘s deposits amount to Rs 40.17 lakh while it has floated loans and advances amounting to Rs 4.03 crore. Its borrowings stand at Rs 3.27 crore in the Q1 of the current fiscal year.
The paid-up capital of Nagarik Laghubitta stands at Rs 1.75 crore with negative reserve of Rs 31.56 lakh.
Banepa based microfinance company is yet to float its initial public offering for the general public.
