Naya Nepal Laghubitta Q3 profit surges by 143% to Rs 31.81 lakh

ShareSansar, June 3:

Naya Nepal Laghubitta Bikas Bank Limited has posted 143 percent growth in net profit for the third quarter of the current fiscal year 2071/72.

Publishing the unaudited financial report for the third quarter today, Naya Nepal has stated that its net profit rose to Rs 31.81 lakh  , up from Rs 13.09 lakh in the corresponding quarter of the fiscal year 2070/71.

Naya Nepal Laghubitta has mobilized deposits of Rs 4.25 crore in the 3rd quarter compared to Rs 3.85 crore in the corresponding quarter last year. Likewise, it extended loans of Rs10.64 crore, up from Rs 9.18 crore.

It’s net interest income has risen from Rs 83.37 lakh  in the corresponding quarter last year to Rs 1.04 crore in the third quarter of 2071/72.

Naya Nepal Earning per Share stands (EPS) at Rs 15.91 and net worth per share at Rs 123.72.