Sparsha Laghubitta earns Rs 60.39 lakhs in Q3; last year company was in loss

Tue, Apr 16, 2019 8:48 AM on Financial Analysis, Latest, Stock Market,
Sparsha La...

Sparsha Laghubitta Bittiya Sanstha Limited has published its unaudited Q3 report for FY 75/76. The company had earns Rs 60.39 lakh till Q3 whereas the company was in loss of Rs 56.14 lakh till Q3 of corresponding quarter.

The paid up capital currently stands at Rs 8.29 Crore. The reserves of the company have increased to Rs 62.53 lakhs up from negative Rs 55 lakhs in the corresponding quarter of the previous year.

The deposits have increased to Rs 13.88 crore while the loans of the company have increased to Rs 75.38 crore. The company has Rs 59.94 crore as borrowings.

The NPL of the company stands at 0.46% as of end of the third quarter and the annualized EPS stands at Rs 9.71.

The company has recently issued IPO shares of 252,000 units to general public.

Major Highlights:

Particulars (In Rs '000)

Sparsha Labhubitta

Q3 2075/76

Q3 2074/75

Difference

Paid Up Capital

82,963.00

56,000.00

48.15%

Reserve & Surplus

6,253.27

-5,500.91

-

Deposits

138,816.24

36,719.22

278.05%

Borrowings

599,455.36

194,299.42

208.52%

Loans & Advances

753,888.43

263,440.15

186.17%

Net Interest Income

22,463.50

4,642.59

383.86%

Provision for possible losses

2,882.80

2,661.01

-

Operating Profit

8,467.82

-5,614.96

-

Net Profit

6,039.43

-5,614.96

-

Capital Adequacy (%)

14.99

19.15

-21.72%

NPL (%)

0.46

0.00

 

Annualized EPS (In Rs.)

9.71

-13.37

-

Net Worth per Share (In Rs.)

107.54

90.18

19.25%