Laxmi Laghubitta Reports Rise in Net Profit by 79 Percent [Q1 Report]
November 13, 2024 | Investopaper
Laxmi Laghubitta Bittiya Sanstha Limited (LLBS) has posted a net profit of Rs. 1.70 crores in the first quarter of the fiscal year 2081/82. In the corresponding quarter of the last fiscal year, the company had earned a profit of Rs. 0.95 crores.
You May Also Like:
Top 5 Microfinance Companies In Nepal
Comparative study of 4 wholesale microfinance of Nepal
The rise in profit is due to the increase in the net interest income of the microfinance. The company has earned Rs 111.35 crores as the net interest income in the 3 months period, up 43 percent from the same period of the previous year.
As of Ashwin’s end 2081 BS, Laxmi Laghubitta (LLBS) has a paid-up capital of Rs 44.16 crores with Rs 30.33 crores in reserve and surplus. The company has floated total loans of Rs. 6.3 Arba. The deposits and borrowing stood at Rs 2.36 Arba and Rs 3.42 Arba respectively.
The non-performing loans (NPL) has increased to 7.94 percent. However, the base have declined to 14.65 percent.
Also Read:
Dividend History Of Laxmi Laghubitta (LLBS)
The first-quarter report of Laxmi Laghubitta is summarized in the table below:
Laxmi Laghubitta (LLBS): Q1 Report Summary, FY 2081/82
| Financial Indicators | Q1, F.Y. 2081/82 | Q4, F.Y. 2080/81 | Percent Change |
| Paid up capital (Rs.’crores’) | 44.16 | 44.16 | 0.00 |
| Reserve and Surplus (Rs.’crores’) | 30.33 | 28.63 | 5.94 |
| Borrowings (Rs.’Arba’) | 3.42 | 3.41 | 0.29 |
| Deposits (Rs.’Arba’) | 2.36 | 2.37 | -0.42 |
| Loans & Advances (Rs.’Arba’) | 6.3 | 6.33 | -0.47 |
| Financial Indicators | Q1, F.Y. 2081/82 | Q1, F.Y. 2080/81 | Percent Change |
| Net Interest Income (Rs.’crores’) | 11.35 | 7.9 | 43.67 |
| Operating Profit (Rs.’crores’) | 2.4 | 1.34 | 79.10 |
| Net Profit (Rs.’crores’) | 1.7 | 0.95 | 78.95 |
| Non Performing Loans, NPL(%) | 7.94 | 6.89 | 15.24 |
| Base Rate (%) | 14.65 | 16.04 | -8.67 |
| Earnings Per Share, EPS(Rs.) | 15.41 | ||
| Networth Per Share ( Rs.) | 168.7 | ||
| Market Price Per Share (Rs.) [Ashwin end, 2081 BS] | 1090 | ||
| P/E Ratio | 70.73 |
Source: Unaudited Q1 Report, FY 2081/82
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.
