Second quarter net profit of Sabaiko Laghubitta stand at Rs.2.44 Crore; deposits increase to Rs.56.35 Crore

Sabaiko Laghubitta Bittiya Sanstha Limited (SLBSL) has published its second quarter report for the fiscal year 2076/77. 

The microfinance collected Rs.56.35 Crore as deposits and floated Rs.1.87 Arba as loans and advances by the end of the second quarter of the current fiscal year. The Non-Performing Loan (NPL) of the microfinance company stands at 0.85%.

It has reported its net interest income as Rs.6.76 Crore with Rs.3.88 Crore as operating profit for the second quarter. The company has paid up capital equal to Rs.18.64 Crore and reserve of Rs.3.35 Crore.

In the second quarter of the fiscal year 2076/77, the net profit of the company has been reported to be Rs.2.44 Crore compared to a net profit of Rs.1.20 Crore reported in the corresponding quarter of the previous year.

Annualized EPS was reported at Rs.26.25 while net worth per share stood at Rs.117.99. The P/E Ratio stood at 27.62 times by the end of the second quarter.