Sarathi Laghubitta Bittiya Sanstha reports exceptional growth in profits by the end of fourth quarter; net interest income stands at Rs.2.98 Crore

Sarathi Laghubitta Bittiya Sanstha (SARATHI) has published its unaudited report for the fourth quarter of 2075/76.

Sarathi has reported a phenomenal rise in net profit amounting to Rs.1.79 Crore from loss of Rs.24.64 Lakh in the corresponding quarter of the previous year.

Similarly, its net interest income stands at Rs.2.98 Crore, which was at Rs.39.69 Lakhs in Q4 of 2074/75. It has collected deposits worth Rs.19.55 Crore and disbursed loans worth Rs.80.44 Crore in Q4.

The Non-performing loan has also increased to 0.16% from 0% in the corresponding quarter of previous year.

The paid up capital of the company stands at Rs.7 Crore with Reserves of Rs.1.52 Crore.