Laxmi Laghubitta profit boosts by 278.55% in Q4 due to increase in core business; EPS Rs 56.77
Tue, Jul 19, 2016 10:42 AM on Latest, Financial Analysis, Featured, Stock Market,
Laxmi Laghubitta Bittiya Sanstha Limited (LLBS) has posted net profit of Rs 6.24 crore in fourth quarter of the fiscal year 2072/73.The net profit up surged by 278.55 % compared to the net profit of the previous fiscal year. The figure stood at Rs 1.6 crore in the previous year corresponding quarter.
Laxmi Laghubitta has paid up capital of Rs 11 crore with reserve of Rs 7.08 crore.
According to unaudited financial statement published by the microfinance today, its borrowings increased to Rs 93.49 crore in the fourth quarter from Rs 51.31 crore of the previous corresponding quarter fiscal year.
The operating profit of the microfinance stands at Rs 9.58 crore whereas in the corresponding quarter of the previous fiscal year the amount stood at Rs 2.28 crore.
The microfinance net interest income doubled to Rs 14.91 crore in Q4 from Rs 7.03 crore of the corresponding quarter of the previous fiscal year which means the company has managed to increase its core business.
LLBS Non-Performing Loan (NPL) increased to 0.30% from 0.05% in Q4.
Its annualized EPS (annualized) stands at Rs 56.77; PE ratio at 59.01 times and net worth per share is at Rs 164.44.
Laxmi Laghubitta has paid up capital of Rs 11 crore with reserve of Rs 7.08 crore.
According to unaudited financial statement published by the microfinance today, its borrowings increased to Rs 93.49 crore in the fourth quarter from Rs 51.31 crore of the previous corresponding quarter fiscal year.
The operating profit of the microfinance stands at Rs 9.58 crore whereas in the corresponding quarter of the previous fiscal year the amount stood at Rs 2.28 crore.
The microfinance net interest income doubled to Rs 14.91 crore in Q4 from Rs 7.03 crore of the corresponding quarter of the previous fiscal year which means the company has managed to increase its core business.
LLBS Non-Performing Loan (NPL) increased to 0.30% from 0.05% in Q4.
Its annualized EPS (annualized) stands at Rs 56.77; PE ratio at 59.01 times and net worth per share is at Rs 164.44.
