Kalika Laghubitta's annualized EPS for Q1 of 2076/77 at Rs 27.72; Net profit of Rs 74.83 lakh reported for the quarter

Fri, Nov 8, 2019 11:35 AM on Financial Analysis, Latest, Stock Market,
Kalika Lag...

Kalika Laghubitta Bittiya Sanstha (KMCDB) has published its unaudited financial report for the first quarter of the fiscal year 2076/77. KMCDB has earned a net profit of Rs.74.83 lakh until the end of Q1 in this fiscal year 2076/77 which was Rs.12.42 lakh in the previous year.

The net interest income of the microfinance company stands at Rs.4.09 Crore up from Rs.2.94 Crore posted in the corresponding quarter of the previous year.

KMCDB’s has seen an increase in its deposits which has grown to Rs.74.96 Crore. Similarly, its borrowings have increased to Rs.91.23 crore. The microfinance company has floated Rs 1.81 Arba worth of loans and has set aside Rs.67.72 lakh as provision for possible losses.

As of Q1, KMCDB has a paid-up capital of Rs.10.80 Crore with a reserve of Rs.10.54 Crore. Its net worth per share is at Rs.197.67. Likewise, its annualized EPS stands Rs.27.72 and P/E ratio stands at 25.22 times.

The microfinance company is currently in the process of merger with Janasewi Laghubitta Bittiya Sanstha Limited. The DDA has determined a swap ratio of 1:1.