Modest profit growth of Swabalamban Laghubitta by 19.28% in Q3; EPS at Rs 85.15, NPL rises to 1.77%
Wed, May 4, 2016 10:22 AM on Latest, Financial Analysis, Featured,
Swabalamban Laghubitta Bikas Bank Limited (SWBBL) has posted modest profit rise of 19.28 percent in the third quarter (Q3) of the current fiscal year 2072/73. The net profit of the company rose to Rs 19.94 crore in Q3 up from Rs 16.72 crore in the corresponding quarter of the previous fiscal year 2071/72.
Publishing the unaudited financial report for the third quarter today, the microfinance institution has stated that its operating profit has surged to Rs 31.34 crore in Q3, up from Rs 26.19 crore in the corresponding quarter of the last fiscal year.
SWBBL’s has a paid up capital of Rs 31.23 crore with reserve of Rs 55.34 crore.
Its net interest income has risen to Rs 62.50 crore in Q3 up from Rs 53.27 crore in the corresponding quarter. The microfinance’s borrowing remains at Rs 3.07 arba and has collected Rs 2.78 arba in deposits.
Likewise, it has extended loans and advances of Rs 5.95 arba in Q3 of FY 2072/73 whereas in the same period last year the figure stood at Rs 4.80 arba.
Meanwhile its non-performing loan (NPL) increased from 0.41 percent in previous quarter to 1.77 percent in the third quarter of the current fiscal year.
Swabalamban’s earning per share (EPS) now stands at Rs 85.15, its net worth per share is at Rs 277 while the P/E ratio at 28.17 times.
Publishing the unaudited financial report for the third quarter today, the microfinance institution has stated that its operating profit has surged to Rs 31.34 crore in Q3, up from Rs 26.19 crore in the corresponding quarter of the last fiscal year.
SWBBL’s has a paid up capital of Rs 31.23 crore with reserve of Rs 55.34 crore.
Its net interest income has risen to Rs 62.50 crore in Q3 up from Rs 53.27 crore in the corresponding quarter. The microfinance’s borrowing remains at Rs 3.07 arba and has collected Rs 2.78 arba in deposits.
Likewise, it has extended loans and advances of Rs 5.95 arba in Q3 of FY 2072/73 whereas in the same period last year the figure stood at Rs 4.80 arba.
Meanwhile its non-performing loan (NPL) increased from 0.41 percent in previous quarter to 1.77 percent in the third quarter of the current fiscal year.
Swabalamban’s earning per share (EPS) now stands at Rs 85.15, its net worth per share is at Rs 277 while the P/E ratio at 28.17 times.
