Samudayik Laghubitta reports net profit of Rs 1.36 crore with 35% growth in Q2; Annualized EPS at Rs 27.20

Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has published an unaudited financial report of the second quarter for the FY 2076/77.

It has stated that net profit has increased by 35.54% to Rs 1.36 crore from Rs 1 crore reported in the corresponding quarter of the previous fiscal year 2075/76.

The microfinance's borrowings increased from Rs 39.93 crore to Rs 63.84 crore. Likewise, it extended loans of Rs 1.02 arba from Rs 84.67 crore in the Q2 of FY 2076/77. It has paid-up capital of Rs 10 crore with a reserve of Rs 8.62 crore till this quarter.

Samudayik Laghubitta’s net interest income has increased from Rs 3.41 crore in the corresponding quarter of last year to Rs 4.18 crore in the second quarter of fiscal year 2076/77. Its operating profit has increased to Rs 2.05 crore till Q2, from Rs 1.57 crore in the corresponding quarter.

Currently, annualized EPS and Net worth per share stood at Rs 27.20 and Rs 186.26 respectively with the P/E ratio at 26.73 times.

The company has not adjusted 32% endorsed bonus share of 2075/76 FY in this published report. 

Second Quarter Report