Net profit of Swarojgar Laghubitta climbs by 135% to Rs 5.57 crore; Net worth per share at Rs 129.28
Fri, Jan 31, 2020 12:39 PM on Financial Analysis, Latest, Stock Market,
Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL), a microfinance company has published an unaudited financial report of the second quarter for the FY 2076/77. It has stated that net profit has increased by 135.32% to Rs 5.57 crore from Rs 2.36 crore reported in the corresponding quarter of the previous fiscal year 2075/76.
The microfinance borrowings increased from Rs 1.36 arba of Rs 1.55 arba. Likewise, it extended loans of Rs 3.3 arba from Rs 2.46 arba in the Q2 of the FY 2075/76.
It has paid-up capital of Rs 34.16 crore with a reserve of Rs 10 crore till this quarter.
SLBBL’s net interest income has increased from Rs 8.49 crore in the corresponding quarter of last year to Rs 13.43 crore in the second quarter of fiscal year 2076/77. Its operating profit has increased to Rs 8.24 crore till Q2, from Rs 3.22 crore in the corresponding quarter.
Currently, annualized EPS and Net worth per share stood at Rs 32.64 and Rs 129.28 respectively with quarter-end P/E ratio at 21.45 times.
