Nerude Laghubitta Posts Net Profit Of Rs. 3.15 Crores [Q3 Report]

May 12, 2023 | Investopaper

Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has reported an 85 percent decline in net profit until the third quarter of the current fiscal year 2079/80 as compared to the same period last year. The microfinance earned a net profit of Rs. 3.15 crores in the nine months period, up from Rs. 21.37 crores of the corresponding period of the previous fiscal year.

As of Chaitra’s end 2079 BS, NLBBL has a paid-up capital of Rs 73.2 crores. At this capital, the annualized earnings per share (EPS) is Rs. 5.75 while the per-share networth is Rs. 171.41.

The national level microfinance has floated total loans and advances of Rs. 9.89 Arba. This is slightly lower than the same period of the previous year. Such loans stood at Rs. 9.91 Arba until the end of the Chaitra, 2078 BS.

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See the financial highlights of Nerude Laghubitta in the table below:

Nerude Laghubitta (NLBBL): Q3 Report Summary, FY 2079/80

Financial Indicators Q3, F.Y. 2079/80 Q4, F.Y. 2078/79 Percent Change
Paid up capital (Rs.’crores’) 73.2 60 22.00
Reserve and Surplus (Rs.’ crores’) 52.27 62.99 -17.02
Borrowings (Rs.’Arba’) 4.91 5.2 -5.58
Deposits (Rs.’Arba’) 3.37 3.2 5.31
Loans & Advances (Rs.’Arba’) 9.89 9.91 -0.20


Financial Indicators Q3, F.Y. 2079/80 Q3, F.Y. 2078/79 Percent Change
Net Interest Income (Rs.’crores’) 33.05 47.78 -30.83
Operating Profit (Rs. ‘crores’) 4.82 29.28 -83.54
Net Profit (Rs.’crores’) 3.15 21.37 -85.26
Non Performing Loans, NPL (%) 9.78 4.89 100.00
Cost of Funds (%) 16.53 15.57 6.17
Earnings Per Share, EPS (Rs.) 5.75
Networth Per Share ( Rs.) 171.41
Market Price Per Share (Rs.) [Chaitra end, 2079 BS] 615.5
P/E Ratio 107.04

Source: Unaudited Q3 Report, FY 2079/80


The above figures are based on the unaudited 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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