Swabalamban Laghubitta Posts a 98.87% Hike In It's Net Profit For Q3
Tue, May 10, 2022 11:12 AM on Financial Analysis, Stock Market, Latest,
Swabalamban Laghubitta Bittiya Sanstha (SWBBL) published third quarter report with 98.87% rise in net profit at Rs 28.4 crore. In corresponding quarter last fiscal net profit was Rs 14.2 crore.
Reserve and Surplus rise 42.54% to reach Rs 1.84 Arab from Rs 1.29 arba Y-o-Y.
Paid up capital for the reported period is Rs 1.12 arba. Company is able to pool deposit up by 11.52% to reach Rs 11.62 Arba.
Net interest Income (NII) decreased from Rs 1.02 arba to Rs 97.08 crore with 5.36% decline as compared to previous year corresponding quarter.
Company’s Non performing Loan (NPL) for the reported quarter is 4.52%, which in third quarter last fiscal was 15.38%. Earnings per Share (EPS) stand at Rs 33.77 where its Net worth per Share is Rs 264.25
Major Financial Highlights
| Particulars (In Rs '000) | Swabalamban Laghubitta Bittiya Sanstha Ltd | ||
|---|---|---|---|
| Q3 2078/79 | Q3 2077/78 | Difference | |
| Paid Up Capital | 1,122,170 | 943,000 | 19.00% |
| Reserve & Surplus | 1,843,162 | 1,293,118 | 42.54% |
| Deposits | 11,624,082 | 10,423,476 | 11.52% |
| Borrowings | 5,479,852 | 5,040,376 | 8.72% |
| Loans & Advances | 19,569,586 | 16,562,702 | 18.15% |
| Net Interest Income | 970,874 | 1,025,858 | -5.36% |
| Provision for possible losses | 322,794 | 810,063 | -60.15% |
| Operating Profit | 425,137 | -17,446 | |
| Net Profit | 284,236 | 142,928 | 98.87% |
| Capital Adequacy (%) | 11.52 | 9.11 | 26.45% |
| NPL (%) | 4.52 | 15.38 | -70.61% |
| Annualized EPS (In Rs.) | 33.77 | 20.21 | 67.10% |
| Net Worth per Share (In Rs.) | 264.25 | 237.13 | 11.44% |
| PE Ratio (times) | 35.98 | - | - |
