Sworojgar Laghubitta earning surges by 51.32% to Rs 1.94 crore in Q3; EPS increased by 48.41%

Fri, Apr 29, 2016 10:43 AM on Latest, Financial Analysis, Featured,
Sworojgar Laghubitta Bikas Bank (SLBBL) has posted an outstanding net profit rise of 51.32% in the current fiscal year 2072/73. The net profit of the company rose to Rs 1.94 crore in Q3 up from Rs 1.28 crore in the corresponding quarter of the previous fiscal year 2071/72. Publishing the unaudited financial report for the third quarter today, the microfinance institution has stated that its operating profit has surged to Rs 3.06 crore in Q3, up from Rs 2.02 crore in the corresponding quarter of the last fiscal year. SLBBL’s has a paid up capital of Rs 5.36 crore and has Rs 3.17  crore in reserve and surplus. Sworogara share capital with wm Its net interest income rose to Rs 4.74 crore up from Rs 3.35 crore in the corresponding quarter. The micro finance institution’s borrowing remains at Rs 28.38 arba and has collected Rs 26.65 arba in deposits. Sworogar net profit with wm Likewise, it has extended loans and advances of Rs 53.95 arba in Q3 of FY 2072/73 whereas in the same period last year the figure stood at Rs 42.92 arba. Its non performing loan (NPL) decline to 0.36 % from 0.41% in the third quarter of the current fiscal year. Sworojgar’s annualized earning per share (EPS) now stands at 48.41%, its net worth per share stand at Rs 159.21 while the P/E ratio stands at 48 times. Sworoggar Eps with wm