Deprosc Laghubitta Reports 11 Percent Decline in Net Profit | Annualized EPS at Rs. 22.76 [Q1 Report]

November 9, 2023 | Investopaper

Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has posted a net profit of Rs 8.82 crores until the first quarter of the current fiscal year 2080/81. The microfinance company reported a drop in its net profit by more than 11 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 22.76.


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As of Ashwin’s end 2080 BS, Deprosc Laghubitta has a paid-up capital of Rs 155.1 crores with Rs 187.93 crores. Until this period, DDBL has floated total loans and advances of Rs 21.26 Arba. In the three months period, the company earned a net interest income of Rs 33.42 crores, up from Rs 33.24 crores of the corresponding period of the previous year.


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The table below presents the summarized version of the quarterly report.

Deprosc Laghubitta (DDBL): Q1 Report Summary, FY 2080/81

Financial Indicators Q1, F.Y. 2080/81 Q4, F.Y. 2079/80 Percent Change
Paid up capital (Rs.’crores’) 155.1 155.1 0.00
Reserve and Surplus (Rs.’crores’) 187.93 182.83 2.79
Borrowings (Rs.’Arba’) 9.83 8.85 11.07
Deposits (Rs.’Arba’) 9.04 9.04 0.00
Loans & Advances (Rs.’Arba’) 21.26 20.23 5.09

 

Financial Indicators Q1, F.Y. 2080/81 Q1, F.Y. 2079/80 Percent Change
Net Interest Income (Rs.’crores’) 33.42 33.24 0.54
Operating Profit (Rs.’crores’) 12.6 14.16 -11.02
Net Profit (Rs.’crores’) 8.82 9.91 -11.00
Non Performing Loans, NPL (%) 5.14 3.68 39.67
Base Rate (%) 14.83 13.77 7.70
Earnings Per Share, EPS (Rs.) 22.76
Networth Per Share ( Rs.) 221.16
Market Price Per Share (Rs.) [Ashwin end, 2080 BS] 710
P/E Ratio 31.20

Source: Unaudited Q1 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.

To see the reports of other companies, CLICK HERE.

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