Support Laghubitta Bittiya Sanstha Limited has published its unaudited financial results for the fourth quarter of the fiscal year. The report shows the microfinance institution’s net profit surged by 140.63 percent to NPR 5.11 crore, compared to NPR 2.12 crore in the same period last year.
The profit growth is driven by significant increases in net interest income and operating profit.
Net interest income rose by 62.97 percent to NPR 13.53 crore, while operating income increased by 55.68 percent to NPR 16.48 crore. Operating profit saw a remarkable rise of 209.59 percent, reaching NPR 7.97 crore from NPR 2.57 crore.
The microfinance’s non-performing loan (NPL) ratio improved, declining by 0.24 percentage points to 1.58 percent.
During the review period, Support Laghubitta mobilized NPR 46.16 crore in deposits and borrowed NPR 133.50 crore, extending loans amounting to NPR 192.91 crore.
The institution’s paid-up capital stands at NPR 12.24 crore, with reserves totaling NPR 8.52 crore. Earnings per share (EPS) increased by NPR 24.44 to NPR 41.81, while net worth per share is NPR 169.62.
Additional financial indicators include a price-to-earnings (P/E) ratio of 55.22 times, capital adequacy ratio of 11.28 percent, and cost of funds at 6.99 percent.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
