Naya Nepal Laghubita reports annualized EPS of Rs 26.32 for Q2 of 2076/77; Net profit at Rs 1.32 crore

Naya Nepal Laghubitta Bittiya Sanstha Limited (NNLB)'s net profit stood at Rs. 1.32 crore in the second quarter this year as compared to profit of Rs 25.23 Lakhs in the corresponding quarter of the last year.

The microfinance company collected deposits equal to Rs 19.81 crore while loans and advance amounted to Rs 1.12 arba. The borrowings of the company grew to Rs 91.47 crore from Rs 37.60 crore.

The paid-up capital of the company stands at Rs 10.08 crore with a reserve of Rs 3.49 crore. The net interest income stands at Rs 2.97 crore up from Rs 1.47 crore posted in the corresponding period of the previous year.

The annualized EPS of the company currently stands at Rs 26.32. The net worth per share stands at Rs 134.66. The quarter-end PE ratio stands at 24.16 times.

Second Quarter Report