Performance of Ghodighoda Laghubitta in second-quarter shows 73% rise in net profit; See other indicators

Ghodighoda Laghubitta Bittiya Sanstha Limited (GGBSL) has published its unaudited financial report for the second quarter of the fiscal year 2076/77.

Ghodighoda has earned a net profit of Rs.4.45 lakh till the end of Q2 in this fiscal year 2076/77. As per the report, the profit has risen by 73.15% as compared to the same period last year.

Its borrowings have increased to Rs.29.73 crore. The company has floated Rs.29.97 crore worth of loans and hasn’t set aside any amount as provision for possible losses.

The company posted Rs.39.79 lakh as net interest income and Rs.4.45 lakh as operating profit for the end of the second quarter. The NPL of the company stands at 2.11%.

As of Q2, Ghodighoda has a paid-up capital of Rs.2.76 Crore with a negative reserve of Rs.19.23 lakh.

Second Quarter Report