Nagbeli Laghubitta profit surges by 127.09%; NPL decreases to 1.29%
Sun, Feb 14, 2016 12:16 PM on Latest, Financial Analysis, Featured,
Nagbeli Laghubitta Bikas Bank Limited has posted a net profit of Rs. 1.52 crore in Q2 of the fiscal year 2072/73. The net profit surged by 127.09 percent in Q2. The figure was Rs. 67.18 lakhs in the corresponding quarter of the previous fiscal year.
Publishing the unaudited financial report for Q2 today, the micro finance company’s borrowings has reached to 30.07 crore this quarter up from Rs 17.48 crore.
The microfinance has collected deposit Rs 8.78 in this Q2. Its loans and advances stands at Rs.41.84 crore, rising from Rs. 24.46 arba of the corresponding quarter of the previous fiscal year.
The micro finance’s paid up capital remains at Rs. 2.50 crore and has a reserve of Rs. 3.62 crore. Its operating profit increased to Rs. 2.42 crore from Rs 1.06 crore.
Its NPL decreased to 1.29% from 3.4% in the second quarter.
EPS (annualized) stands at Rs.61.03, its net worth per share is Rs. 243.30, and P/E ratio is at 56.05 times.
Related : Nepal Rastra Bank bars 55% stock dividend of Nagbeli Laghubitta Bank; 6th AGM on Falgun 21
Publishing the unaudited financial report for Q2 today, the micro finance company’s borrowings has reached to 30.07 crore this quarter up from Rs 17.48 crore.
The microfinance has collected deposit Rs 8.78 in this Q2. Its loans and advances stands at Rs.41.84 crore, rising from Rs. 24.46 arba of the corresponding quarter of the previous fiscal year.
The micro finance’s paid up capital remains at Rs. 2.50 crore and has a reserve of Rs. 3.62 crore. Its operating profit increased to Rs. 2.42 crore from Rs 1.06 crore.
Its NPL decreased to 1.29% from 3.4% in the second quarter.
EPS (annualized) stands at Rs.61.03, its net worth per share is Rs. 243.30, and P/E ratio is at 56.05 times.
Related : Nepal Rastra Bank bars 55% stock dividend of Nagbeli Laghubitta Bank; 6th AGM on Falgun 21
