Deprosc Laghubitta Reports 43 Percent Plunge in Net Profit [Q2 Report]
February 12, 2024 | Investopaper
Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has earned Rs. 12.13 crores in net profit in the first six months of the current fiscal year 2080/81. The profit is 43 percent lower as compared to the corresponding period of the previous year. Last year, DDBL had earned Rs. 21.53 crores in net profit until the second quarter.
The net interest income has dropped by 9 percent to Rs 58.86 crores. The microfinance has floated Rs 21.7 Arba as loans and advances.
As of Poush’s end 2080 BS, Deprosc Laghubitta has a paid-up capital of Rs. 155.1 crores. At this capital, the Annualized Earnings Per Share (EPS) is Rs. 15.64. Likewise, the per-share net worth is Rs. 212.84.
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Deprosc Laghubitta’s Q1 Report
Deprosc Laghubitta’s Performance In FY 2078/79
The second-quarterly report of Deprosc Laghubitta is also summarized in the table below:
Deprosc Laghubitta (DDBL): Second-Quarterly Report Summary FY 2080/81
| Financial Indicators | Q2, 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’) | 175.01 | 182.82 | -4.27 |
| Deposits From Customers (Rs. ‘Arba’) | 9.1 | 9.04 | 0.66 |
| Borrowings (Rs. ‘Arba’) | 10.24 | 8.85 | 15.71 |
| Loans & Advances (Rs. ‘Arba’) | 21.7 | 20.23 | 7.27 |
| Financial Indicators | Q2, F.Y. 2080/81 | Q2, F.Y. 2079/80 | Percent Change |
| Net Interest Income (Rs. ‘crores’) | 58.86 | 64.81 | -9.18 |
| Operating Profit (Rs. ‘crores’) | 17.33 | 30.77 | -43.68 |
| Net Profit (Rs. ‘crores’) | 12.13 | 21.53 | -43.66 |
| Distributable Profit (Rs. ‘crores’) | 56.83 | ||
| Non Performing Loans, NPL (%) | 10.41 | 3.74 | 178.34 |
| Base Rate (%) | 14.06 | 13.51 | 4.07 |
| Earnings Per Share, EPS (Rs.) | 15.64 | ||
| Networth Per Share ( Rs.) | 212.84 | ||
| Market Price Per Share (Rs.) [Poush end, 2080 BS] | 827 | ||
| P/E Ratio | 52.88 |
Source: Unaudited Q2 Report, FY 2080/81
Note:
The above figures are based on the unaudited 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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