Sadhana Laghubitta earns Rs 1.89 crore by disbursing loans worth Rs 1.55 arba; NPL at 0.78%

Sadhana Laghubitta Bittiya Sanstha Limited has published the second-quarter report for the FY 2076/77.

As per the financial report published today, the microfinance company reported net profit of Rs.1.89 crore in the second quarter. In the corresponding quarter of the FY 2075/76, the company had reported net profit of Rs.56.83 lakh. The net interest income of the microfinance company stood at Rs.5.52 Crore which was Rs.1.77 crore in the corresponding quarter of the previous year.

The company was able to collect Rs 39.34 Crore deposit and float loans and advances worth Rs.1.55 Arba. Borrowings amounted to Rs.1.18 Crore in the second quarter of the current fiscal year up from Rs.51.63 Crore posted in the corresponding quarter of the previous year.

The paid-up capital stands at Rs 14.70 Crore with reserves of Rs.4.07 Crore by the end of the second quarter. The NPL stands at 0.78%. The company is yet to float IPO to the general public. 

Second Quarter Report