Swabalamban Laghubitta EPS at Rs 131.24; earning surged by 41.91% in Q1

Swabalamban Laghubitta Bikas Bank (SWBBL) has posted an outstanding net profit rise of 41.91% in the current fiscal year 2072/73. The net profit of the company rose to Rs 7.21 crore in Q1 up from Rs 5.08 crore in the corresponding quarter of the previous fiscal year 2071/72. Publishing the unaudited financial report for the fourth quarter today, the microfinance institution has stated that its operating profit has surged to Rs 9.37 crore in Q1, up from Rs 7.98 crore in the corresponding quarter of the last fiscal year. Its net interest income rose to Rs 20.06 crore up from Rs 17.34 crore in the corresponding quarter. The micro finance institution’s borrowing remains to be Rs 2.99arba and has collected Rs 2.36 arbain deposits. Likewise, it has extended loans and advances of Rs 5.42 arba in Q1 of FY 2072/73 whereas in the same period last year the figure stood at Rs 4.05 arba. SWBBL’s has a paid up capital ofRs 21.98 crore and has Rs 56.78 crore in reserve and surplus. Meanwhile its NPL increased from 0.43 % to 0.65% in the first quarter of the current fiscal year. Swabalamban’s annualized EPS now stands at Rs 131.24, its net worth per share stands at Rs 358 while the P/E ratio stands at 15.81 times. Click Here For Announcement