RSDC Laghubitta Reports 62 Percent Growth In Net Profit [Q2 Report]

January 19, 2023 | Investopaper

RSDC Laghubitta Bittiya Sanstha Limited has posted a net profit of Rs 7.94 crores in the first six months of the current fiscal year 2079/80. Based on the unaudited second quarterly report, the company has reported a surge in the net profit by 62.37 percent as compared to the corresponding period of the previous fiscal year. Last year, such profit stood at Rs 4.89 crores during the same period.


Related:

Dividend History Of RSDC Laghubitta

RSDC Laghubitta’s Performance In FY 2078/79


As of Poush’s end 2079 BS, RSDC Laghubitta has a paid-up capital of 80.51 crores whereas reserve and surplus stand at Rs. 26.11  crores. The borrowings of the company has grown by 24 percent to Rs 5.32 Arba. Likewise, the company has floated loans of Rs 6.28 Arba until this period.

The non-performing loan has inclined to 0.81 percent. Likewise, the base rate has sharply increased to 13.66 percent. The Annual Earnings Per Share (EPS) stands at Rs. 19.73 and the company has a net worth of Rs. 132.45 per share.

See the financial highlights of the company below:

RSDC Laghubitta: Second Quarter Summary, FY 2078/79

Financial Indicators Q2, F.Y. 2079/80 Q4, F.Y. 2078/79 Percent Change
Paid-up capital (Rs. ‘crores’) 80.51 80.51 0.00
Reserve and Surplus (Rs. ‘crores’) 26.11 12.52 108.55
Borrowings (Rs. ‘Arba’) 5.32 4.29 24.01
Loans & Advances (Rs. ‘Arba’) 6.28 5.14 22.18

 

Financial Indicators Q2, F.Y. 2079/80 Q2, F.Y. 2078/79 Percent Change
Net Interest Income (Rs. ‘crores’) 14.75 9.43 56.42
Operating Profit (Rs. ‘crores’) 11.34 6.96 62.93
Net Profit (Rs. ‘crores’) 7.94 4.89 62.37
Distributable Profit (Rs. ‘crores’) 6.58
Non Performing Loans, NPL (%) 0.81 0.28 189.29
Base Rate (%) 13.66 11.62 17.56
Earnings Per Share, EPS (Rs.) 19.73
Networth Per Share ( Rs.) 132.45
Market Price Per Share (Rs.) [Poush end, 2079 BS] 611
P/E Ratio 30.97

Source: Unaudited Q2 Report, FY 2079/80

Note: The proposed 8 percent bonus share from the fiscal year 2078/79 is not adjusted in the quarterly report. After the adjustment, the capital will increase to Rs. 86.95 crores. Likewise, the EPS and per-share networth will decline accordingly. 


Disclaimer:

The above figures are based on the unaudited second-quarterly report published by RSDC Laghubitta. 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.

 

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