Solve Laghubitta publishes Q2 report of 2076/77; Reports net loss of Rs 22.96 lakh

Solve Laghubitta Bittiya Sanstha Limited has posted a net loss of Rs.22.96 lakh in the unaudited second-quarter report for the fiscal year 2076/77.

The young microfinance company posted a net interest income of Rs 3.52 Crore and a total operating income of Rs.4.09 Crore by the end of the second quarter of FY 2076/77.

The company has collected deposits worth Rs.32.09 Crore while it has issued loans worth Rs.81.93 Crore till the second quarter. As of the end of the second quarter, the borrowings of the company stands at Rs.35.26 Crore.

As per the second-quarter report, the paid-up capital of the company stands at Rs.4.20 Crore with Rs.4.28 Crore as reserves.