Nesdo Sambridha Laghubitta Q4 Highlights: Net Profit Rises by 71.06%; Net Worth Per Share at Impressive Rs 342.78

Fri, Aug 5, 2022 3:58 PM on Latest, Financial Analysis, Stock Market,

Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO) published the fourth-quarter report of FY 2078/2079 with an outstanding rise in net profit by 71.06%. As per the report published by the company, the net profit increased to Rs. 22.19 as compared to Rs. 12.9 crores in the corresponding quarter of the previous year.

The borrowings of the company increased by 12.60% to Rs. 43.8 Crores which was Rs. 38.9 Crores in the corresponding quarter of the previous year. The deposits of the company increased by 12.46% to Rs 2.52 Arba. The company’s loans and advances have also increased by a satisfactory 22.90% to 4.58 Arba in this quarter.

The net interest income (core revenue) has decreased by 7.58% to Rs. 38.2 crores compared to Rs. 41.3 crores in the corresponding quarter of the previous year.

The paid-up capital of the company stood at Rs. 25.5 crores in this quarter and its reserve and surplus stood at Rs. 61.9 crores.

The company NPL decreased to 4.47% from 6.97%.

Its earnings per share (EPS) stand at Rs. 87.04. The net worth per share is Rs. 342.78. The company traded at a P/E multiple of 26.20 times.

Click Here for Q4 Report:

Major Highlights: