Janasewi Laghubitta Third Quarter Performance
April 27, 2019 | Investopaper
Janasewi Laghubitta, which is in the process of issuing IPO from Baisakh 27, 2076, has published the third quarter report of F.Y. 2075/76. The company is going to issue 463,300 shares worth Rs. 4.63 crores in the IPO.
As per the unaudited report, Janasewi microfinance has made a profit of Rs. 88 lakhs with annualized earnings per share (EPS) of Rs. 11.97. The loans and advances have grown by 51.71 percent to Rs. 57.27 crores. The company is able to reduce Non-performing loans by 22 percent from 2.29 to 1.79 percent. The paid-up capital stands at Rs. 9.8 crores with reserve and surplus of Rs. 1.31 crores.
Financial Highlights: Janasewi Laghubitta, 3rd Quarter, 2075/76
| Headings | 3rd Qtr, F.Y. 2075/76 | 3rd Qtr, F.Y. 2074/75 | % Change |
| Paid up capital(Rs.’crores’) | 9.8 | 4.9 | 100 |
| Reserve and Surplus(Rs.’crores’) | 1.31 | 0.29 | 351.72 |
| Deposits(Rs.’crores’) | 17.49 | 10.44 | 67.53 |
| Loans & Advances(Rs.’crores’) | 57.27 | 37.75 | 51.71 |
| Net Interest Income(Rs.’crores’) | 3.31 | 1.79 | 84.92 |
| Net Profit(Rs.’crores’) | 0.88 | 0.24 | 266.67 |
| Earnings Per Share,EPS(Rs.) | 11.97 | 6.53 | 83.31 |
| Non Performing Loans,NPL(%) | 1.79 | 2.29 | -21.83 |
| Cost of fund(%) | 10.16 | 10.1 | 0.59 |
