RSDC Laghubitta publishes its second-quarter highlights; Reports 61% growth in net profit
Sun, Feb 2, 2020 11:33 AM on Financial Analysis, Latest, Stock Market,
RSDC Laghubitta Bittiya Sanstha Limited (RSDC), a wholesaler microfinance company has reported net profit increment by 61.82% till Q2 of FY 2076/77 as compared to the corresponding quarter’s report. Its net profit now amounts to Rs 4.60 crore.
As of Q2, RSDC Laghubitta’s borrowings stand at Rs 3.04 arba. It has floated loans of Rs 3.21 arba which last year was Rs 1.91 arba. Likewise, the microfinance company has been able to increase its net interest income to Rs 7.82 crore till the review period from Rs 5.56 crore in the corresponding quarter.
Its Non-Performing Loan (NPL) stands at 0.19% till Q2. RSDC’s annualized EPS stands at Rs 13.73.
Its paid-up capital now stands at Rs 67.15 crore with net worth of Rs 116.94 per share. The company’s reserve and surplus have increased to Rs 11.37 crore till Q2. RSDC’s quarter-end PE is at 29.87 times.
Its capital adequacy ratio (CAR) is 24.02%.
