Vijaya Laghubitta reports 133% rise in net profit hitting Rs 5.66 crore; Annualized EPS at Rs 50.56

Tue, Feb 4, 2020 10:51 AM on Financial Analysis, Latest, Stock Market,

Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has published its Q2 report of the fiscal year 2076/77. As per the unaudited report, the net profit of the company rises by an outstanding 133.64% to Rs 5.66 crore.

The borrowings of the company have increased to Rs 2.67 arba whereas its deposits have risen to Rs 73.17 crore. It has floated loans of Rs 3.44 arba till Q2. Loan & advances of the company have increased from Rs 2.02 arba compared to the corresponding quarter of last fiscal year.

The net interest income of the company surges by 78.94%, from Rs 7.06 crore to Rs 12.63 crore till Q2 of FY 2076/77.

The annualized earning per share of the company is Rs 50.56 and net worth per share stands at Rs 147.19.

Second Quarter Report