NIC Asia Laghubitta reports net profit of Rs 11.12 crore of Q2 of 2076/77; NPL at 0.52%

Wed, Feb 19, 2020 10:57 AM on Financial Analysis, Latest, Stock Market,
NIC Asia L...

NIC Asia Laghubitta Bittiya Sanstha Limited has reported a net profit of Rs 11.12 crore in the second quarter of FY 2076/77.

The microfinance company’s deposit stood at Rs 79.49 crore while the floated loans amounted to Rs 5.34 arba. Borrowings of the company stood at Rs 4.71 arba in the second quarter.

The company’s operating profit is Rs 16.26 crore up from Rs 8.77 crore in Q2 of last year, while its net interest income was reported as Rs 22.04 crore.

Paid-up capital of the company stands at Rs 1 arba with Rs 21.88 crore as its reserve.

The CAR stands at 20.04% up from 14.67% during last year. Similarly, the NPL satnds at 0.52%.

Second Quarter Report