Swabalamban Laghubitta Reports Net Profit of Rs. 11.86 Crores | NPL Drops To 10.88 Percent [Q3 Report]
April 24, 2024 | Investopaper
Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) has reported a slight decrease in net profit. As per the third unaudited quarterly report of the current fiscal year 2080/81, the microfinance has posted a net profit of Rs 11.86 crores in the nine months period. Last year, such profit stood at Rs 12.02 crores.
The fall in net profit is due to the decline in the net interest income. SWBBL has earned Rs. 102.2 crores as net interest income in the nine months period. This is 2.27 percent lower than the corresponding period of the previous fiscal year.
As of Chaitra’s end, 2080 BS, Swabalamban Laghubitta has a paid-up capital of Rs 145 crores with Rs 172.55 crores in reserve and surplus. The microfinance has floated Rs 19.18 Arba as loans and advances until this period.
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The third quarterly report is also summarized in the table below:
Swabalamban Laghubitta (SWBBL): Third Quarterly (Q3) Report Summary, F.Y. 2080/81
| Financial Indicators | Q3, F.Y. 2080/81 | Q4, F.Y. 2079/80 | Percent Change |
| Paid up capital (Rs.’crores’) | 145 | 129.04 | 12.37 |
| Reserve and Surplus (Rs.’crores’) | 172.55 | 196.75 | -12.30 |
| Borrowings (Rs.’Arba’) | 3.67 | 3.21 | 14.33 |
| Deposits (Rs.’Arba’) | 13.71 | 12.8 | 7.11 |
| Loans & Advances (Rs.’Arba’) | 19.18 | 18.29 | 4.87 |
| Financial Indicators | Q3, F.Y. 2080/81 | Q3, F.Y. 2079/80 | Percent Change |
| Net Interest Income (Rs.’crores’) | 102.27 | 104.65 | -2.27 |
| Operating Profit (Rs.’crores’) | 16.9 | 17.19 | -1.69 |
| Net Profit (Rs.’crores’) | 11.86 | 12.02 | -1.33 |
| Non Performing Loans, NPL (%) | 10.88 | 12.98 | -16.18 |
| Base Rate (%) | 14.52 | 13.89 | 4.54 |
| Earnings Per Share, EPS (Rs.) | 11.02 | ||
| Networth Per Share ( Rs.) | 219 | ||
| Market Price Per Share (Rs.) [Chaitra end, 2080 BS] | 775 | ||
| P/E Ratio | 70.33 |
Source: Unaudited Q3 Report, FY 2080/81
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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