Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) has stated net profit rise of 23.03 percent for the first quarter of the FY 2074/75.
In the unaudited financial report for the first quarter published today, the microfinance has reported that its net profit has increased to Rs 75.40 lakh in Q1 of current fiscal year 2074/75 from Rs 61.29 lakh as compared to the corresponding quarter of the last FY 2073/74.
SLBBL’s earning per Share (EPS) has declined to Rs 28.72 in Q1 from Rs 45.67 in the corresponding quarter.
The micro finance has paid up capital of Rs 10.49 crore with reserve of Rs 5.75 crore in Q1. It had announced 16.67% bonus shares from the net profit of FY 2073/74 and 100% right shares to its shareholders. After which its paid up capital will reach to Rs 24.47 crore.
The microfinance has borrowings of Rs 97.51 crore in Q1 as compared to Rs 35.88 crore in the corresponding quarter whereas its loan & advances has extended to Rs 1.49 arba from Rs 74.04 crore in corresponding previous quarter. It has collected deposits of Rs 53.23 crore.
SLBBL non-performing loan (NPL) stands at 0.19 percent. Its net worth per share stand at Rs 154.85 and P/E Ratio is at 64.58 times.
Major Highlights:
| Particulars (In Rs '000) |
SLBBL |
| Q1 2074/75 |
Q1 2073/74 |
Difference |
| Paid Up Capital |
104,998 |
53,680 |
95.60% |
| Reserve & Surplus |
57,593 |
57,295 |
0.52% |
| Deposits |
532,398 |
324,489 |
64.07% |
| Borrowings |
975,106 |
358,898 |
171.69% |
| Loans & Advances |
1,491,101 |
740,463 |
101.37% |
| Net Interest Income |
26,987 |
178,974 |
-84.92% |
| Provision for Possible Losses |
1,971 |
1,983 |
-0.61% |
| Operating Profit |
11,848 |
9,631 |
23.03% |
| Net Profit |
7,540 |
6,129 |
23.03% |
| NPL (%) |
0.19 |
0.39 |
-51.28% |
| Annualized EPS (In Rs.) |
28.72 |
45.67 |
-37.10% |
| Net Worth per Share (In Rs.) |
154.85 |
206.73 |
-25.10% |
| P/E Ratio (In times) |
64.58 |
- |
- |
Click here to see announcement:
