Grameen Bikas Laghubitta Posts Net Loss Of Rs. 1.18 Crores [Q1 Report]

November 7, 2022 | Investopaper

Grameen Bikas Laghubitta Bittiya Sanstha Limited (GBLBS) has reported a sharp fall in in net profit until the first quarter of the current fiscal year 2079/80. The microfinance company posted a net loss of Rs 1.18 crores, down from Rs 9.20 crores profit of the corresponding period of the previous fiscal year.

As of Ashwin’s end 2079 BS, Grameen Bikas Laghubitta has a paid-up capital of Rs. 98.25 crores. Similarly, reserve & surplus is at Rs. 127.79 crores. The microfinance has floated loans and advances of  Rs. 13.24 Arba.

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

Grameen Bikas Laghubitta (GBLBS): Q1 Report Summary, FY 2079/80

Financial Indicators Q1, F.Y. 2079/80 Q1, F.Y. 2078/79 Percent Change
Paid-up capital (Rs. ‘crores’) 98.25 98.25 0.00
Reserve and Surplus (Rs. ‘crores’) 127.79 110.7 15.44
Borrowings (Rs. ‘Arba’) 6.38 7.02 -9.12
Deposits (Rs. ‘Arba’) 3.78 3.84 -1.56
Loans & Advances (Rs. ‘Arba’) 13.24 13.59 -2.58
Net Interest Income (Rs. ‘crores’) 21.98 30.2 -27.22
Operating Profit (Rs. ‘crores’) -131.49 13.54
Net Profit (Rs. ‘crores’) -1.18 9.2
Non Performing Loans, NPL (%) 4.91 3.25 51.08
Cost Of Funds (%) 9.1 6.68 36.23
Earnings Per Share, EPS (Rs.) -4.8
Networth Per Share ( Rs.) 230.07
Market Price Per Share (Rs.) [Ashwin end, 2079 BS] 602.00
P/E Ratio

Source: Unaudited Q1 Report, FY 2079/80


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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