Gurans Laghubitta Bittiya Sanstha Limited has published its unaudited financial statements for the fourth quarter of the previous fiscal year. According to the report, the company’s net profit surged by 89.96%, reaching Rs. 3 crore 95 lakh 83 thousand, compared to Rs. 2 crore 8 lakh in the same period last year.

The growth in net profit is primarily driven by increased net interest income, other operating income, and operating profit.

Up to the fourth quarter, Gurans Laghubitta’s net interest income rose by 59.74% to Rs. 13 crore 24 lakh, while operating income increased by 42.16% to Rs. 15 crore 97 lakh. Operating profit grew by 87.85% to Rs. 6 crore 3 lakh.

The institution’s non-performing loan (NPL) ratio decreased by 0.76 percentage points, narrowing to 2.91%.

During the review period, Gurans Laghubitta mobilized Rs. 45 crore 55 lakh in deposits, disbursed loans totaling Rs. 1 arba 94 crore 78 lakh, including Rs. 1 arba 30 crore 25 lakh in borrowings.

The company’s paid-up capital stands at Rs. 11 crore 58 lakh, with reserves amounting to Rs. 6 crore 57 lakh. Earnings per share (EPS) increased by Rs. 16.18 to Rs. 34.17 per share, while net worth per share is Rs. 156.79.

As of Asar end, the company’s price-earnings (P/E) ratio stood at 64.78 times.

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.