Laxmi Laghubitta Reports Decline In Net Profit By 16.89% In Q3 financials; EPS Stands At Rs 45.28
Thu, May 12, 2022 4:56 PM on Latest, Financial Analysis, Stock Market,
Laxmi Laghubitta Bittiya Sanstha Limited (LLBS) published the third-quarter report of FY 2078/2079 with a decline in Net Profit by 16.89%. As per the report published by the company, the net profit decreased to Rs. 13.1 crores as compared to Rs. 15.7 crores in the corresponding quarter of the previous year.
The borrowings of the company increased by 21.21% to Rs. 4.49 Arba which was Rs. 3.70 Arba in the corresponding quarter of the previous year. The company’s loans and advances have also increased by 20.67% to 7.62 Arba in this quarter.
The net interest income (core revenue) has increased by 8.90% to Rs. 40.3 crores compared to Rs. 37.09 crores in the corresponding quarter of the previous year.
The paid-up capital of the company stood at Rs. 38.4 crore in this quarter, its reserve and surplus stood at Rs. 16.5 crore and the accumulated profit stood at Rs. 26.8 crores. At this capital, the company maintained EPS of Rs. 45.28.
Major financial highlights
| Particulars (In Rs '000) | Laxmi Laghubitta Bittiya Sanstha | ||
|---|---|---|---|
| Q3 2078/79 | Q3 2077/78 | Difference | |
| Share Capital | 384,054 | 320,045 | 20.00% |
| Accumulated Profits | 268,540 | 225,711 | 18.98% |
| Reserve & Surplus | 165,431 | 168,292 | -38.34% |
| Deposits | 2,415,288 | 2,069,059 | 16.73% |
| Borrowings | 4,491,714 | 3,705,747 | 21.21% |
| Loans & Advances | 7,623,911 | 6,317,793 | 20.67% |
| Net Interest Income | 403,949 | 370,949 | 8.90% |
| Operating Profit | 193,465 | 236,767 | -18.29% |
| Net Profit | 131,053 | 157,689 | -16.89% |
| Capital Adequacy (%) | 10.58 | 10.38 | 1.93% |
| NPL (%) | 3.39 | 3.14 | 7.96% |
| Annualized EPS (In Rs.) | 45.28 | 70.39 | -35.67% |
| Net Worth per Share (In Rs.) | 212.99 | ||
| Qtr End PE Ratio | 29.52 | ||
| Qtr End Market Price | 1337 | ||
