Vijaya Laghubitta net profit aces by 92.30% in Q2; NPL increases by 3.7 times
Tue, Feb 16, 2016 11:43 AM on Latest, Financial Analysis, Featured,
Vijaya Laghubitta Bikas Bittiya Sanstha (VLBS) has posted a net profit rise of 83.78 lakh for the second quarter of the fiscal year 2072/73. The net profit mounted by 92.30 % in Q2.
Publishing the unaudited financial report for the second quarter today, the microfinance company has stated that its borrowings stands at Rs 26.77 crore increasing from Rs 19.88 crore as compared in the corresponding quarter of the previous fiscal year 2071/72.
Vijaya Laghubitta has collected deposit amount of Rs 3.27 crore . Likewise, it has mobilized loans of Rs 30.83 crore in Q2.
The microfinance comany’s net interest income increased to Rs 2.25 crore from Rs 1.40 crore in the Q2 of FY 2072/73.Its operating profit increased to Rs 1.28 crore from Rs 68.46 lakh .
Vijaya Laghubitta’s paid up capital remains Rs 14 crore with reserve of Rs 2.16 crore in Q2.
It’s Non Performing Loan increased by 3.72 times to 1.64 % from 0.44%. Its EPS (annualized) now stands at Rs 11.97, net worth per share at Rs 115.44, and P/E ratio at 208.86 times.
Publishing the unaudited financial report for the second quarter today, the microfinance company has stated that its borrowings stands at Rs 26.77 crore increasing from Rs 19.88 crore as compared in the corresponding quarter of the previous fiscal year 2071/72.
Vijaya Laghubitta has collected deposit amount of Rs 3.27 crore . Likewise, it has mobilized loans of Rs 30.83 crore in Q2.
The microfinance comany’s net interest income increased to Rs 2.25 crore from Rs 1.40 crore in the Q2 of FY 2072/73.Its operating profit increased to Rs 1.28 crore from Rs 68.46 lakh .
Vijaya Laghubitta’s paid up capital remains Rs 14 crore with reserve of Rs 2.16 crore in Q2.
It’s Non Performing Loan increased by 3.72 times to 1.64 % from 0.44%. Its EPS (annualized) now stands at Rs 11.97, net worth per share at Rs 115.44, and P/E ratio at 208.86 times.
