Rastra Utthan Laghubitta increases Net Profit by 80.11% in Q4; EPS and Net Profit at Rs. 9.65 and Rs. 139.46 respectively
Thu, Aug 20, 2020 9:06 AM on Latest, Company Analysis,
Rastra Utthan Laghubitta Bittiya Sanstha (RULBSL) has reported a massive increase in its Net Profit by 80.11% in Q4, 2076/2077.
RULBSL has published an unaudited financial report for the fourth quarter today. It has stated that net profit has increased to Rs. 1.68 crores in the fourth quarter of FY 2076/2077 from Rs. 93.73 lakhs reported in the corresponding quarter of the previous year.
Rastra Utthan Laghubitta’s Net Interest Income increased by a huge 160.58% in Q4, 2076/2077, and stood at Rs. 11.16 crores from Rs. 4.28 crores.
The company has a borrowing of Rs. 66.91 crores. Likewise, it has floated loans of Rs. 1.29 Arba which is a rise of 31.06% compared to the corresponding quarter of the previous year. The company has collected a deposit of Rs. 61.81 crores till the fourth quarter of the current fiscal year.
Its paid-up capital stands at Rs. 17.50 crores with a reserve and surplus of Rs. 6.90 crores. The reserve and surplus of the company increased by 20.45% in this quarter.
The earnings per share (EPS) stands at Rs. 9.65 and net worth per share stands at Rs. 139.46.
Major Highlights:
|
Particulars ('000) |
Rastra Utthan Laghubitta Bittiya Sanstha Ltd |
||
|---|---|---|---|
|
Q4, 2076/2077 |
Q4,2075/2076 |
Difference |
|
|
Paid-up Capital |
175,000.00 |
175,000.00 |
- |
|
Reserves & Surplus |
69,061.07 |
57,337.98 |
20.45% |
|
Deposits |
618,894.71 |
494,958.11 |
25.04% |
|
Borrowings |
669,183.33 |
482,546.10 |
38.68% |
|
Loans & Advances |
1,291,336.53 |
985,294.94 |
31.06% |
|
Net Interest Income |
111,665.79 |
42,852.44 |
160.58% |
|
Staff Expenses |
81,628.62 |
26,094.92 |
212.81% |
|
Provision for possible losses |
4,786.01 |
3,143.51 |
52.25% |
|
Operating Profit |
20,688.94 |
8,443.12 |
145.04% |
|
Net Profit |
16,882.10 |
9,373.26 |
80.11% |
|
Capital Adequacy Ratio (%) |
14.79% |
18.40% |
- |
|
NPL (%) |
1.12% |
0.85% |
- |
|
Cost of Fund (%) |
11.25% |
7.09% |
- |
|
EPS (Rs.) |
9.65 |
5.36 |
80.04% |
|
Net worth per share (Rs.) |
139.46 |
132.76 |
5.05% |
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