Sparsha Laghubitta posts first quarterly profit of Rs.6.21 Lakhs in the second quarter; NPL increases to 0.51%
Tue, Jan 22, 2019 12:21 PM on Financial Analysis, Latest, Others,
Sparsha Laghubitta Bittiya Sanstha has published its unaudited Q2 report for FY 75/76. The paid up capital currently stands at Rs.5.60 Crore. The reserves of the company have increased to Rs.8.35 Lakhs up from negative Rs.49.67 Lakh in the corresponding quarter of the previous year.
The deposits have increased to Rs.10.28 Crore while the loans of the company have increased to Rs.52.26 Crore. Provision for possible losses have increased from Rs.11.86 Lakhs to Rs.13.36 Lakhs. The NPL of the company stands at 0.51% as of end of the second quarter. The net profit of the company currently stand at Rs.6.21 Lakhs.
Highlights
|
Particulars (In Rs '000) |
Q2 75/76 |
Q2 74/75 |
Difference |
|---|---|---|---|
|
Paid Up Capital |
56,000 |
56,000 |
0.00% |
|
Reserves and Surplus |
835.69 |
(4,967.35) |
- |
|
Deposits |
102,867.18 |
14,992.34 |
586.13% |
|
Borrowings |
471,852.56 |
118,333.33 |
298.75% |
|
Loans and Advances |
522,698.40 |
117,462.97 |
344.99% |
|
Net Interest Income |
12,247.26 |
2,027.39 |
504.09% |
|
Provision for possible losses |
1,336.39 |
1,186.49 |
12.63% |
|
Operating Profit |
810.95 |
(5,081.40) |
- |
|
Net Profit |
621.84 |
(5,081.40) |
- |
|
NPL (%) |
0.51% |
0.00% |
- |
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