Laxmi Laghubitta Bittiya Sanstha Limited (LLBS) has posted a net profit of Rs 2.25 crore at the end of first quarter of FY 2074/75.
As per the unaudited financial statement published today, its net profit has diminished by 9.49 % as compared to Rs 2.48 crore of the corresponding quarter of the FY 2073/74.
Its borrowings and deposits have increased by 19.70 % and 60.12 % respectively to Rs 1.30 arba and Rs 72.66 crore respectively. Likewise, it had floated loans worth Rs 2.32 arba due to which it has been able to earn Rs 5.90 crore in net interest income at the end of Q1 of the FY 2074/75. The increase in net interest income is 6.52 % growth year-on-year.
At the end of Q4 this year, its paid up capital stands at Rs 24.20 crore, reserve at Rs 13.41 crore with net worth per share of Rs 155.43. Its EPS has decreased by 58.86% to Rs 37.21. Its non-performing loan has also increased to 0.93% from 0.30% last year.
LLBS had provided 10% bonus shares in FY 2073/74 and had issued 100% right share.
Major Highlights:
| Particulars (In Rs '000) |
Q1 2074/75 |
Q1 2073/74 |
Difference |
| Paid Up Capital |
242,000 |
110,000 |
120.00% |
| Reserve & Surplus |
134,136 |
95,758 |
40.08% |
| Deposits |
726,640 |
453,815 |
60.12% |
| Borrowings |
1,308,626 |
1,093,287 |
19.70% |
| Loans & Advances |
2,320,619 |
1,599,999 |
45.04% |
| Net Interest Income |
59,098 |
55,480 |
6.52% |
| Provision for possible losses |
4,946 |
2,674 |
84.97% |
| Operating Profit |
35,376 |
39,087 |
-9.49% |
| Net Profit |
22,512 |
24,873 |
-9.49% |
| NPL (%) |
0.93 |
0.3 |
210.00% |
| Annualized EPS (In Rs.) |
37.21 |
90.45 |
-58.86% |
| Net Worth per Share (In Rs.) |
155.43 |
187.05 |
-16.91% |
| P/E Ratio (In times) |
43.54 |
- |
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