Deprosc Laghubitta Reports 23 Percent Decline in Net Profit | NPL Rises to 9.01 Percent [Q1 Report]
November 8, 2024 | Investopaper
Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has posted a net profit of Rs 6.79 crores until the first quarter of the current fiscal year 2081/82. The microfinance company reported a drop in its net profit by more than 23 percent as compared to the same period of the previous year. With the fall in profit, the annualized Earnings Per Share (EPS) has declined to Rs 15.94.
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As of Ashwin’s end 2081 BS, Deprosc Laghubitta has a paid-up capital of Rs 170.61 crores with Rs 200.69 crores. Until this period, DDBL has floated total loans and advances of Rs 24.16 Arba. In the three months period, the company earned a net interest income of Rs 41.61 crores, up from Rs 33.42 crores of the corresponding period of the previous year.
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Dividend History Of Deprosc Laghubitta (DDBL)
The table below presents the summarized version of the quarterly report.
Deprosc Laghubitta (DDBL): Q1 Report Summary, FY 2081/82
| Financial Indicators | Q1, F.Y. 2081/82 | Q4, F.Y. 2080/81 | Percent Change |
| Paid up capital (Rs.’crores’) | 170.61 | 170.61 | 0.00 |
| Reserve and Surplus (Rs.’crores’) | 200.69 | 199.28 | 0.71 |
| Borrowings (Rs.’Arba’) | 11.78 | 11.46 | 2.79 |
| Deposits (Rs.’Arba’) | 9.81 | 9.58 | 2.40 |
| Loans & Advances (Rs.’Arba’) | 24.16 | 23.72 | 1.85 |
| Financial Indicators | Q1, F.Y. 2081/82 | Q1, F.Y. 2080/81 | Percent Change |
| Net Interest Income (Rs.’crores’) | 41.61 | 33.42 | 24.51 |
| Operating Profit (Rs.’crores’) | 9.71 | 12.6 | -22.94 |
| Net Profit (Rs.’crores’) | 6.79 | 8.82 | -23.02 |
| Non Performing Loans, NPL (%) | 9.01 | 5.14 | 75.29 |
| Base Rate (%) | 12.77 | 14.83 | -13.89 |
| Earnings Per Share, EPS (Rs.) | 15.94 | ||
| Networth Per Share ( Rs.) | 217.62 | ||
| Market Price Per Share (Rs.) [Ashwin end, 2081 BS] | 967 | ||
| P/E Ratio | 60.66 |
Source: Unaudited Q1 Report, FY 2081/82
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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