Net interest income of Rs 6.38 crore reported in the fourth quarter report of Suryodaya Laghubitta; EPS stands at Rs 25.58 and Net worth per share at Rs 210.05

Suryodaya Laghubitta Bittiya Sanstha Limited (SLBS) net profit slides by 18.47 percent in the fourth quarter (Q4) of the current fiscal year 2074/75.

Publishing the unaudited financial report for the fourth quarter today, the microfinance company stated that its net profit slides to Rs 1.93 crore in the Q4 of fiscal year 2074/75, down from Rs 2.37 crore in the corresponding period of the previous fiscal year 2073/74.

Its net interest income has also decreased from Rs 6.98 crore in corresponding quarter to Rs 6.38 crore in the fourth quarter. Its paid up capital remains at Rs 7.56 crore with reserve of Rs 8.31 crore in Q4.

The company has borrowings of Rs 47.91 crore in the fourth quarter, up from Rs 40.11 crore in the corresponding quarter. Likewise, it has extended loans and advances of Rs 87.08 crore in Q4 whereas in the same period last year the figure stood at Rs 63.25 crore.

Its non-performing loan (NPL) has increased to 1.14 in Q4 from 0.69 % in the previous year report.

Its annualized earning per share (EPS) stands at Rs 25.58, net worth per share at Rs 210.05 and the P/E ratio at 60.59 times.