Manushi Laghubitta Turns Profitable | Earns Rs 1.51 Crores In 6 Months [Q2 Report]
January 30, 2022 | Investopaper
Manushi Laghubitta Bittiya Sanstha Limited (MLBS) has posted a net profit of Rs 1.51 crores until the second quarter of the current fiscal year 2078/79. As per the unaudited quarterly report, the company had a net loss of Rs 46 lakhs in the same period of the fiscal year 2077/78
The rise in profit is mainly due to the increase in net interest income by 29 percent as well as a fall in the provision for possible losses. The company earned Rs 4.94 crores as the net interest income, up from Rs 3.83 crores of the same period last year.
As of Poush’s end 2078 BS, Manushi Laghubitta has a paid-up capital of Rs 10.93 crores. With the increase in profit, the annualized earnings per share (EPS) stood at Rs 27.67.
Manushi Laghubitta (MLBS): Financial Highlights, Q2, FY 2078/79
Financial Indicators | Q2, F.Y. 2078/79 | Q2, F.Y. 2077/78 | Percent Change |
Paid-up capital (Rs. ‘crores’) | 10.93 | 7 | 56.14 |
Reserve and Surplus (Rs. ‘crores’) | 4.81 | 1.76 | 173.30 |
Borrowings (Rs. ‘Arba’) | 0.49 | 0.33 | 48.48 |
Deposits (Rs. ‘Arba’) | 0.71 | 0.59 | 20.34 |
Loans & Advances (Rs. ‘Arba’) | 1.32 | 0.87 | 51.72 |
Net Interest Income (Rs. ‘crores’) | 4.94 | 3.83 | 28.98 |
Operating Profit (Rs. ‘crores’) | 2.4 | -0.46 | – |
Net Profit (Rs. ‘crores’) | 1.51 | -0.46 | – |
Non Performing Loans, NPL (%) | 3.69 | 13.03 | -71.68 |
Cost of Funds (%) | 9.58 | 9.56 | 0.21 |
Earnings Per Share, EPS (Rs.) | 27.67 | ||
Networth Per Share ( Rs.) | 143.99 | ||
Market Price Per Share (Rs.) [Poush end, 2078 BS] | 1600 | ||
P/E Ratio | 57.82 |
Source: Unaudited Q2 Report, FY 2078/79
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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