Net profit of Sabaiko Laghubitta increases to Rs.3.12 Crore by the end of fourth quarter; other indicators reflect satisfactory growth

Sun, Aug 18, 2019 1:48 PM on Financial Analysis, Latest,
Net profit...

Sabaiko Laghubitta Bittiya Sanstha Limited (SLBSL) has published its fourth quarter report for the fiscal year 2075/76. 

The microfinance collected Rs.42.75 Crore as deposits and floated Rs.1.59 Arba as loans and advances by the end of the fourth quarter of the current fiscal year. The Non-Performing Loan (NPL) of the microfinance company stands at 0.45%.

It has reported its net interest income as Rs.7.81 Crore with Rs.4.90 Crore as operating profit for the fourth quarter.

The company has paid up capital equal to Rs.11.20 Crore and reserve of Rs.3.22 Crore.

In the fourth quarter of the fiscal year 2075/76, the net profit of the company has been reported to be Rs.3.12 Crore compared to a net profit of Rs.9.68 Lakhs reported in the corresponding quarter of the previous year.