RSDC Laghubitta Reports Net Profit Of Rs 3.82 Crores In Q1
October 20, 2022 | Investopaper
RSDC Laghubitta Bittiya Sanstha Limited has posted a net profit of Rs 3.82 crores until the first quarter of the current fiscal year 2079/80. The wholesale microfinance increased its net profit by almost 102 percent as compared to the same period of the previous year. In the fiscal year 2078/79, RSDC Laghubitta had earned Rs 1.89 crores in net profit until the first quarter.
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Comparative study of 4 wholesale microfinance of Nepal
RSDC Laghubitta Performance In The Fiscal Year 2078/79
Until Ashwin end 2079 BS, RSDC Laghubitta has a paid-up capital of Rs.80.51 crores while the reserve and surplus stood at Rs 21.69 crores. The microfinance has floated loans and advances of Rs 6.35 Arba until this period.
The non-performing loans (NPL) has increased to 0.6 percent while the base rate has risen to 13.5 percent. The annualized earnings per share (EPS) stands at Rs 18.99 and per share net worth is Rs 126.96.
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Dividend History Of RSDC Laghubitta (RSDC)
The first quarterly report of RSDC Laghubitta is also summarized in the table below:
RSDC Laghubitta First Quarterly Report Summary, FY 2079/80
| Financial Indicators | Q1, F.Y. 2079/80 | Q4, F.Y. 2078/79 | Percent Change |
| Paid-up capital (Rs. ‘crores’) | 80.51 | 73.19 | 10.00 |
| Reserve and Surplus (Rs. ‘crores’) | 21.69 | 16.73 | 29.65 |
| Borrowings (Rs. ‘Arba’) | 5.41 | 3.86 | 40.16 |
| Loans & Advances (Rs. ‘Arba’) | 6.35 | 4.61 | 37.74 |
| Financial Indicators | Q1, F.Y. 2079/80 | Q1, F.Y. 2078/79 | Percent Change |
| Net Interest Income (Rs. ‘crores’) | 7.65 | 3.48 | 119.83 |
| Operating Profit (Rs. ‘crores’) | 5.46 | 2.56 | 113.28 |
| Net Profit (Rs. ‘crores’) | 3.82 | 1.89 | 102.12 |
| Distributable Profit (Rs. ‘crores’) | 3.1 | ||
| Non Performing Loans, NPL (%) | 0.6 | 0.28 | 114.29 |
| Base Rate (%) | 13.5 | 8.55 | 57.89 |
| Earnings Per Share, EPS (Rs.) | 18.99 | ||
| Networth Per Share ( Rs.) | 126.96 | ||
| Market Price Per Share (Rs.) [Ashwin’s end, 2079 BS] | 486 | ||
| P/E Ratio | 25.59 |
Source: Unaudited Q1 Report, FY 2079/80
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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