Laxmi Laghubitta profit aces by 218.33% in Q2; NPL 1.11%, EPS Rs 44.51

Laxmi Laghubitta Bittiya Sanstha Limited (LLBS) has posted a net profit of Rs 2.44 crore in second quarter of the fiscal year 2072/73.The net profit excelled by 218.33% compared to the net profit of the previous fiscal year. According to unaudited financial statement published by the microfinance its borrowings doubled to Rs 70.54 in Q2 from Rs 32.61 crore of the previous corresponding quarter fiscal year. The operating profit of the microfinance stands at Rs 3.82 crore whereas in the corresponding quarter of the previous fiscal year it was Rs 1.08 crore. The microfinance net interest income stands at Rs 6.39 crore. LLBS Non-Performing Loan (NPL) remains at 1.11%. Its annualized EPS stands at Rs 44.51 , PE ratio at 40.22 times and net worth per share is at Rs 129.93.