Kalika Laghubitta (KMCDB) Reports a Decline in Net Profit by 68.15 % in Third Quarter of FY 2079/80
Mon, May 8, 2023 4:14 PM on Latest, Stock Market,
Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) published the third-quarter report of FY 2079/2080 with a decline in Net Profit by 68.15 %. As per the report published by the company, the net profit declined to a Rs. 3.56 crores as compared to Rs. 11.18 crores in the corresponding quarter of the previous year.
The borrowings of the company decreased slightly by 2.31 % to Rs. 1.8 Arba which was Rs. 1.86 Arba in the corresponding quarter of the previous year. At the same time, deposits too decreased marginally by 2.71 % to Rs 1.4 Arba.
The company’s loans and advances have decreased by 2.71 % to Rs. 3.67 Arba till this quarter.
The net interest income (core revenue) has plummeted by almost 10% to Rs. 19.76 crores compared to Rs. 21.95 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 37.3 crores till this quarter and its reserve stood at Rs. 11.38 crores which is an increase of 23.17% in this quarter.
The cost of funds increased slightly to 11.01 % from 8.68 % in the corresponding quarter and the non-performing loans increased to 5.60%.
Its annualized earnings per share (EPS) stand at Rs. 1.76. The net worth per share is Rs. 146.39.
| Particulars (In Rs '000) | Kalika Laghubitta | ||
|---|---|---|---|
| Q3 2079/80 | Q3 2078/79 | Difference | |
| Paid Up Capital | 372,321.74 | 312,875.41 | 19.00% |
| Reserves | 113,827.88 | 92,417.24 | 23.17% |
| Retained Earnings | 58,890.04 | 134,966.10 | -56.37% |
| Borrowings | 1,826,101.79 | 1,869,322.74 | -2.31% |
| Deposits | 1,400,887.45 | 1,468,719.97 | -4.62% |
| Loans & Advances | 3,677,897.26 | 3,780,386.50 | -2.71% |
| Net Interest Income | 197,697.27 | 219,546.07 | -9.95% |
| Personnel Expenses | 140,194.88 | 119,708.47 | 17.11% |
| Impairment Charges | 15,560.35 | -32,911.36 | -147.28% |
| Operating Profit | 50,890.95 | 159,805.52 | -68.15% |
| Net Profit | 35,623.67 | 111,863.86 | -68.15% |
| Capital Adequacy (%) | 13.52 | 12.66 | 6.79% |
| NPL (%) | 5.60 | 3.72 | 50.54% |
| Cost of Fund (%) | 11.01 | 8.68 | 26.84% |
| EPS (In Rs.) | 12.76 | 47.67 | -73.24% |
| Net Worth per Share (In Rs.) | 146.39 | 172.68 | -15.22% |
| Qtr End Market Price | 617.9 | - | - |
