Upakar Laghubitta Bittiya Sanstha Limited has released its unaudited financial results for the fourth quarter of fiscal year 2081/82. The report shows a net profit of Rs. 3.42 crore, a significant turnaround from a net loss of Rs. 3.51 crore recorded during the same period last year. This positive shift in profitability is primarily attributed to a substantial reduction in impairment charges.
Up to the fourth quarter, the companyтАЩs net interest income increased by 16.82%, reaching Rs. 15.54 crore. Operating income also rose by 22.81%, amounting to Rs. 17.94 crore. Meanwhile, impairment charges decreased sharply from Rs. 6.40 crore to Rs. 1.09 crore. Despite these improvements, the non-performing loan (NPL) ratio increased by 2.72 percentage points to 4.85%.
During the review period, Upakar Laghubitta mobilized Rs. 1.40 arba 27 lakh in deposits and disbursed loans totaling Rs. 2.45 arba 83 lakh. Additionally, the company borrowed Rs. 92.36 crore in loans. The companyтАЩs paid-up capital stands at Rs. 10.61 crore, with a statutory reserve of Rs. 13.07 crore. Earnings per share (EPS) reached Rs. 32.26, while net worth per share was Rs. 190.96. The price-to-earnings (P/E) ratio stood at 105.07 times.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
