RMDC Laghubitta Reports Net Profit Of Rs 20.53 Crores (Q3 Report)
April 27, 2021 | Investopaper
RMDC Laghubitta Bittiya Sanstha Limited (RMDC) has published its unaudited third-quarterly report of the current fiscal year 2077/78. As per the unaudited report, the wholesale microfinance has earned a net profit of Rs 20.53 crores in the nine months period. This is 35 percent higher than the corresponding period of the previous fiscal year.
Related:
RMDC Laghubitta First Quarter Report, FY 2077/78
RMDC Laghubitta Second Quarter Report, FY 2077/78
As of Chaitra end 2077 BS, the company has a paid-up capital of Rs 103.42 crores. Similarly, reserve & surplus is at Rs. 171.95 crores. Until the third quarter, the microfinance has provided loans and advances of Rs. 10.71 Arba. Also, the company reported a net interest income of Rs. 30.60 crores in this period which is almost 25 percent higher than previous year’s third quarter.
The nonperforming loan stands at 0.05 percent. Annualized EPS and networth per share are at Rs. 26.47 and Rs. 266.67. Likewise, the cost of fund stands at 4.48 percent.
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The third quarterly report published by the company is summarized in the table below:
RMDC Laghubitta: Financial Highlights, Third Quarter 2077/78
| Financial Indicators | Q3, F.Y. 2077/78 | Q3, F.Y. 2076/77 | Percent Change |
| Paid up capital (Rs.’crores’) | 103.42 | 89.93 | 15.00 |
| Reserve and Surplus (Rs.’ crores’) | 171.95 | 156.21 | 10.08 |
| Borrowings (Rs.’Arba’) | 8.45 | 7.72 | 9.46 |
| Loans & Advances (Rs.’Arba’) | 10.71 | 8.38 | 27.80 |
| Net Interest Income (Rs.’crores’) | 30.6 | 24.48 | 25.00 |
| Operating Profit (Rs. “crores’) | 27.46 | 23.81 | 15.33 |
| Net Profit (Rs.’crores’) | 20.53 | 15.14 | 35.60 |
| Non Performing Loans, NPL (%) | 0.05 | 0.01 | 400.00 |
| Cost of Funds (%) | 4.48 | 9.36 | -52.14 |
| Earnings Per Share, EPS (Rs.) | 26.47 | ||
| Networth Per Share ( Rs.) | 266.27 | ||
| Market Price Per Share (Rs.) [Chaitra end, 2077] | 1229 | ||
| P/E Ratio | 46.43 |
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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