Laxmi Laghubitta net profit Rs 1.2 crore; Shine Resunga net profit Rs 13.47 crore

ShareSansar April 21:

Laxmi Laghubitta Bittiya Sanstha Limited has reported a net profit of Rs 1.2 crore whereas it was Rs 6.49 lakhs in the corresponding quarter of previous fiscal year.  

According to unaudited financial statement published by the microfinance its borrowings stands at Rs 43.78 crore and Loans and advances stands at Rs 60 crore

The operating profit of the microfinance stands at Rs 1.84 crore whereas in the corresponding quarter of the previous fiscal year it was in loss of 19. 91 lakhs.

The microfinance net interest income stands at Rs 4.73 crore, its annualized EPS stands at RS 17.18 and net worth per share is at Rs 115.36

Its last traded price was Rs 833.

Whereas, Shine Resunga Development Bank Limited has posted net profit of Rs.13.47 crore in its 3rd quarter of the fiscal year 2071/72 which is a rise in profit by 29.74% compared to its corresponding quarter of the previous fiscal year where its net profit was 10.38 crore.

The Development Banks has mobilized Rs 5. 69 arba in deposits up from Rs 4.54 arba in the corresponding quarter of previous fiscal year.

The loan and advances of the development bank stands at Rs 5.11 arba whereas in corresponding quarter of the previous fiscal year it stood at Rs 3.95 arba

 The Non Performing Loan (NPL) is minimized to 0.88% from 1.59% compared to the corresponding quarter and CD ratio stands at 77.65%.

It’s annualized EPS stands at Rs 28.36 and net worth per share stands at Rs 140.02.  

Last traded price of shine Resunga Development Bank was Rs 350.