Vijaya Laghubitta marks a slight rise in profit to Rs 77.13 lakhs; EPS at Rs 15.84

Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has published unaudited financial report for the first quarter today. It has stated that net profit has slightly increased to Rs 77.13 lakhs in first quarter of fiscal year 2075/76 from Rs 75.37 lakhs reported in the corresponding quarter of the previous fiscal year 2074/75.

Likewise, it extended loans of Rs 1.78 arba from Rs 53.69 crore. It has collected deposits of Rs 36.29 crore in the first quarter of the current fiscal year. It has paid up capital of Rs 19.48 crore with reserve of Rs 3.08 crore in Q1. Its borrowings increased to Rs 1.30 arba in the first quarter.

Its net interest income has significantly increased from Rs 1.76 crore in the corresponding quarter last year to Rs 3.27 crore in the first quarter of fiscal year 2075/76.

Earnings per Share (EPS) stand at Rs 15.84. VLBS’s Net worth per share stands at Rs 115.83.