Nerude Laghubitta earns Rs 5.41 crore in Q3; EPS at Rs 30.08

Nerude Laghubitta Bikas Bank Limited (NLBBL) has earned net profit of Rs 5.41 crore in the third quarter of the fiscal year 2072/73. The microfinance company’s net profit lowered by 10.83% in the current fiscal year. The figure stood at Rs 6.07 crore in the previous year corresponding quarter. Publishing the unaudited financial statement for third quarter today, the microfinance stated that its borrowings increased to Rs 94.17 crore from Rs 85.57 crore in Q3. The microfinance company’s operating profit declined to 8.50 crore in Q3 whereas in the corresponding quarter of the previous fiscal year the amount was Rs 9.54 crore. The microfinance net interest income increased to Rs 17.62 crore from Rs 16.98 crore in the corresponding quarter of the previous fiscal year. NLBBL Non-Performing  Loan (NPL) remained at 1.15%.Its   earning per share (EPS) stood at Rs 30.08, PE ratio at 73.13 times and net worth per share is at Rs 188.27.