RMDC Laghubitta reports 0.45% fall in net profit for Q2; NPL at 0 percent

Thu, Jan 30, 2020 11:59 AM on Financial Analysis, Latest, Stock Market,

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

RMDC has earned a net profit of Rs.14.61 Crore till the end of Q2 in this fiscal year 2076/77. As per the report, the profit has fallen by 0.45% as compared to the same period last year.

Its borrowings have increased to Rs.7.21 Arba. The company has floated Rs.7.85 Arba worth of loans and hasn’t set aside any amount as provision for possible losses.

The company posted Rs.23.33 Crore as net interest income and Rs.22.83 Crore as operating profit for the end of the second quarter. The NPL of the company stands at 0%.

As of Q2, RMDC has a paid-up capital of Rs.89.93 Crore with a reserve of Rs.1.55 Arba. Its net worth per share stands at Rs.273.34. Likewise, its annualized EPS stands at Rs.32.51. The PE Ratio stands at 19.38 times.

Second Quarter Report