Rs. 2490 priced Janautthan Laghubitta makes Rs. 85 lakhs profit; See the performance
February 12, 2019 | Investopaper
Janautthan Laghubitta has published its second-quarter report of FY 2075/76 today. The unaudited report has shown an 18.61% rise in its net profit as compared to last year’s corresponding quarter. The net profit stands at Rs. 85.72 Lakhs for this quarter. Last year, the microfinance made a profit of Rs. 72.27 lakhs in the second quarter.
The paid-up capital stands at Rs. 3.73 crores. Similarly, reserve & surplus is at Rs. 4.94 crores. The microfinance has loans and advances of Rs. 1.13 Arab. Also, The company reported a net interest income of Rs. 3.73 crores in this period which is 47.94% more than the previous year’s 2nd quarter.
The nonperforming loan stands at 2.23%. Annualized EPS is at Rs. 52.53 as per the 2nd quarter. The cost of fund stands at 9.67%. The market price as of Magh 28 stands at Rs. 2,490.
