Jeevan Bikas Laghubitta reports net profit of Rs 11.08 crore for Q1 of 2076/77; Paid-up capital at Rs 14 crore
Sun, Nov 3, 2019 12:46 PM on Financial Analysis, Latest, Stock Market,
Jeevan Bikas Laghubitta Bittiya Sanstha Limited has published the unaudited quarterly report for the first quarter end of the fiscal year 2076/77.
The microfinance company has posted a net profit of Rs.11.08 Crore. The company earned Rs.23.89 Crore as net interest income. The operating profits of the company stood at Rs.16.58 Crore by the end of the first quarter.
Currently, the paid-up capital of the company stands at Rs.14 Crore with reserves of Rs. 32.12 Crore. The company has borrowings worth Rs.2.74 Arba.
The microfinance company collected Rs.5.07 Arba as deposits and lent out Rs.9.82 Arba as loans and advances by the end of the first quarter. The non-performing loan for this period stands at 0.22%.
