Swabalamban Laghubitta Bikas Bank Limited (SWBBL) has reported increase in net profit by 15.03%. Its net profit was Rs 14.18 crore in the corresponding quarter of the previous fiscal year while it has increased to Rs 16.3 crore in the second quarter of the current fiscal year.
As per the unaudited financial report published today, the microfinance’s net interest income has decreased to Rs 42.13 crore in the current quarter from Rs 48.54 crore in the corresponding quarter.
Its paid up capital is Rs 50.31 crore with Rs 74.26 crore in the reserve.
The company has borrowings of Rs 3.46 arba in the second quarter, from Rs 3.47 arba in the same quarter of the previous FY 2073/74. Likewise, it has extended loans of Rs 8.51 arba in Q2 while the figure stood to Rs 7.06 arba for the corresponding quarter.
Its NPL has increased to 0.98% from 0.88% of the corresponding quarter.
Its EPS stands at Rs 64.83 and Net worth per share stands at Rs 247.61. P/E Ratio of the microfinance is 20.05 times.
Major Highlights:
| Particulars (In Rs '000) |
SWBBL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
503,111 |
418,589 |
20.19% |
| Reserve & Surplus |
742,640 |
612,847 |
21.18% |
| Deposits |
4,991,176 |
3,572,470 |
39.71% |
| Borrowings |
3,465,502 |
3,466,329 |
-0.02% |
| Loans & Advances |
8,512,472 |
7,061,023 |
20.56% |
| Net Interest Income |
421,348 |
486,428 |
-13.38% |
| Provision for possible losses |
17,287 |
6,463 |
167.48% |
| Operating Profit |
254,599 |
222,791 |
14.28% |
| Net Profit |
163,086 |
141,776 |
15.03% |
| NPL (%) |
0.98 |
0.88 |
11.36% |
| Annualized EPS (In Rs.) |
64.83 |
67.74 |
-4.29% |
| Net Worth per Share (In Rs.) |
247.61 |
246.41 |
0.49% |
| P/E Ratio |
20.05 |
|
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