Kalika Laghubitta reports fall in the net profit for the end of fourth quarter; EPS and net worth per share stand at Rs.19.25 and Rs.162.69 respectively

Kalika Laghubitta Bittiya Sanstha (KMCDB) has published its unaudited financial report for the fourth quarter of the fiscal year 2075/76. KMCDB has earned net profit of Rs.2.07 Crore until the end of Q4 in this fiscal year 2075/76 which was Rs.2.59 Crore in the previous year.

The net interest income of the microfinance company stands at Rs.13.46 Crore up from Rs.9.36 Crore posted in the corresponding quarter of the previous year.

KMCDB’s has seen increase in its deposits which has grown to Rs.72.66 Crore. Similarly, its borrowings have increased to Rs.1.02 Arba. The microfinance company has floated Rs.1.81 Arba worth of loans and has set aside Rs.2.47 Crore as provision for provision for possible losses.

As of Q4, KMCDB has a paid up capital of Rs.10.80 Crore with reserve of Rs.6.77 Crore. Its net worth per share is at Rs.162.69. Likewise, its EPS stands Rs.19.25 and P/E Ratio stands at 36.31 times.

The microfinance company is currently in the process of merger with Janasewi Laghubitta Bittiya Sanstha Limited.