Mithila Laghubitta profit mounts by 81.33% & Nerude Laghubitta profit slides by 11.98% in Q2
Mon, Feb 8, 2016 10:03 AM on Latest, Financial Analysis, Featured,
Mithila Laghubitta Bikas Bank Limited (MLBBL) has posted net profit growth of 81.33% for the second quarter of the current fiscal year 2072/73.
As per the unaudited financial report for the second quarter, the development bank has stated that its net profit rose to Rs.45.03 lakh, up from Rs. 24.83 lakh as compared to the corresponding quarter of the previous fiscal year 2071/72.
Mithila Laghubitta Bikas Bank’s net interest income rose to Rs. 1.69 crore from Rs.75.68 lakh in the first quarter of 2072/73.
Its operating profit stands at Rs 70.76 lakhs.
The microfinance has collected deposits of Rs.4.14 crore in the second quarter compared to Rs 1.43 crore in the corresponding quarter last year. It floated loans of Rs.23.31 crore, increasing from Rs.15.53 crore.
It’s paid up capital remains at Rs.3.39 crore with reserve and surplus amount Rs.1.06 crore in Q2.
MLBBL’s NPL increased to 4.36% from 3.65% in Q2.
Its annualized EPS stands at Rs. 26.53, net worth per share at 131.31 and P/E ratio at 49.46 times.
Nerude Laghubitta Bikas Bank has posted a net profit of 3.41 crore for the second quarter of the fiscal year 2072/73. The net profit dropped by 11.98 % in Q2 of FY 2072/73 as compared to the net profit of the corresponding quarter of the previous fiscal year.
Publishing the unaudited financial report for the second quarter today, the microfinance company has stated that its borrowings stands at Rs 91.37 crore increasing from Rs 87.97 crore as compared in the corresponding quarter of the previous fiscal year 2071/72.
Nerude Laghubitta has collected deposit amount of Rs 70.92 crore . Likewise, it has mobilized loans of Rs 1.73 arba in Q2.
The microfinance comany’s net interest income slightly increased to Rs 11.67 crore from Rs 11.34 crore in the Q2 of FY 2072/73. Its operating profit decreased to Rs 5.37 from Rs 6.10 crore.
Nerude Laghubitta’s paid up capital remains Rs 12.50 crore with reserve of Rs 18.25 crore in Q2.
Its Non-Performing Loan dropped to 1.11 % from 1.20%. Its EPS now stands at Rs 27.36, net worth per share at Rs 246.03, and P/E ratio at 69.08 times. Credit to Deposit ratio(CD) remains at 244.13%.
The microfinance has collected deposits of Rs.4.14 crore in the second quarter compared to Rs 1.43 crore in the corresponding quarter last year. It floated loans of Rs.23.31 crore, increasing from Rs.15.53 crore.
It’s paid up capital remains at Rs.3.39 crore with reserve and surplus amount Rs.1.06 crore in Q2.
MLBBL’s NPL increased to 4.36% from 3.65% in Q2.
Its annualized EPS stands at Rs. 26.53, net worth per share at 131.31 and P/E ratio at 49.46 times.
Nerude Laghubitta Bikas Bank has posted a net profit of 3.41 crore for the second quarter of the fiscal year 2072/73. The net profit dropped by 11.98 % in Q2 of FY 2072/73 as compared to the net profit of the corresponding quarter of the previous fiscal year.
Publishing the unaudited financial report for the second quarter today, the microfinance company has stated that its borrowings stands at Rs 91.37 crore increasing from Rs 87.97 crore as compared in the corresponding quarter of the previous fiscal year 2071/72.
Nerude Laghubitta has collected deposit amount of Rs 70.92 crore . Likewise, it has mobilized loans of Rs 1.73 arba in Q2.
The microfinance comany’s net interest income slightly increased to Rs 11.67 crore from Rs 11.34 crore in the Q2 of FY 2072/73. Its operating profit decreased to Rs 5.37 from Rs 6.10 crore.
Nerude Laghubitta’s paid up capital remains Rs 12.50 crore with reserve of Rs 18.25 crore in Q2.
Its Non-Performing Loan dropped to 1.11 % from 1.20%. Its EPS now stands at Rs 27.36, net worth per share at Rs 246.03, and P/E ratio at 69.08 times. Credit to Deposit ratio(CD) remains at 244.13%.
