Aarambha Chautari Laghubitta Reports 40 Percent Drop in Net Profit [Q2 Report]
February 1, 2024 | Investopaper
Aarambha Chautari Laghubitta Bittiya Sanstha Limited (ACLBSL) has reported a 40 percent drop in net profit until the second quarter of the current fiscal year 2080/81. The microfinance posted a net profit of Rs. 1.24 crores in the six months period, down from Rs. 2.06 crores in the corresponding period of the previous year.
The profit has plunged with the decrease in the net interest income by almost 12 percent. ACLBSL earned Rs 12.83 crores as the net interest income during this period.
As of Poush’s end 2080 BS, Aarambha Chautari Laghubitta has a paid-up capital of Rs 36.71 crores. At this capital, the annualized Earnings Per Share (EPS) stood at Rs 6.80.
See the summarized version of the second-quarter report of the fiscal year 2080/81 in the table below:
Aarambha Chautari Laghubitta (ACLBSL): Financial Highlights, Q2, FY 2080/81
| Financial Indicators | Q2, F.Y. 2080/81 | Q4, F.Y. 2079/80 | Percent Change |
| Paid-up capital (Rs. ‘crores’) | 36.71 | 36.71 | 0.00 |
| Reserve and Surplus (Rs. ‘crores’) | 13.96 | 12.54 | 11.32 |
| Borrowings (Rs. ‘Arba’) | 2.92 | 2.8 | 4.29 |
| Deposits From Customers (Rs. ‘Arba’) | 1.48 | 1.48 | 0.00 |
| Loans & Advances To Customers (Rs. ‘Arba’) | 4.68 | 4.51 | 3.77 |
| Financial Indicators | Q2, F.Y. 2080/81 | Q2, F.Y. 2079/80 | Percent Change |
| Net Interest Income (Rs. ‘crores’) | 12.83 | 14.61 | -12.18 |
| Operating Profit (Rs. ‘crores’) | 1.78 | 2.94 | -39.46 |
| Net Profit (Rs. ‘crores’) | 1.24 | 2.06 | -39.81 |
| Distributable Profit (Rs. ‘crores’) | 2.46 | ||
| Non Performing Loans, NPL (%) | 4.64 | 4.87 | -4.72 |
| Base Rate (%) | 16.25 | 19.67 | -17.39 |
| Earnings Per Share, EPS (Rs.) | 6.8 | ||
| Networth Per Share ( Rs.) | 144.39 | ||
| Market Price Per Share (Rs.) [Poush end, 2080 BS] | 601 | ||
| P/E Ratio | 88.38 |
Source: Unaudited Q2 Report, FY 2080/81
Note:
The above figures are based on the un-audited quarterly report published by the respective company. Investors are advised to take other things into consideration along with this report while making investment decisions. The numbers may vary after the final audit.
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