Shrijanshil Laghubitta published staisfactory Q2 report; Net profit at Rs 1.42 crore
Wed, Feb 12, 2020 4:49 PM on Financial Analysis, Latest, Stock Market,
Shrijanshil Laghubitta Bittiya Sanstha Limited has published its financial highlights for the second quarter of 2076/77.
The company has posted a net profit figure of Rs.1.42 crore which was Rs.61.32 Lakh in the second quarter of 2076/77. The provision for possible losses has increased from Rs.30.48 lakh in Q1 to Rs.95.38 Lakhs in a period of one quarter.
The net interest income stood at Rs.5.70 Crore compared to previous quarters Rs.3.11 Crore. The microfinance's paid-up capital stands at Rs.7 Crore with Rs.5.96 Crore in reserves.
It has collected deposits worth Rs.56.75 Crore and floated loans and advances worth Rs.1.20 Arba. Similarly, it has borrowings worth of Rs.74.76 Crore. The company is yet to float IPO to the general public.
