More than 200% growth in the net profit reported by Infinity Laghubitta Bittiya Sanstha by the end of fourth quarter; EPS stands at Rs.18.09

Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has published its unaudited financial report for the fourth quarter of the fiscal year 2075/76. Infinity has earned net profit of Rs 3.75 crore till the end of Q4 in this fiscal year 2075/76. As per report, the profit rises by 231.62% as compared to the same period last year.

Infinity Laghubitta deposits rises by 104.55% to Rs 51.28 crore. Similarly, its borrowings have increased to Rs 79.69 crore. The company has floated Rs 1.46 arba worth of loans and has set aside Rs 30.02 lakhs as provision for provision for possible losses.

The company posted Rs 9.23 crore as net interest income and Rs 5.95 crore as operating profit for the end of fourth quarter. The NPL of the company stands at 0.77% up from 0.09% in the corresponding quarter of the previous year.

As of Q4, Infinity has a paid up capital of Rs 20.74 crore with reserve of Rs 4.26 crore. Its net worth per share stands at Rs 120.56. Likewise, its EPS stands Rs 18.09.