RSDC Laghubitta Bittiya Sanstha Limited has published its unaudited financial statement for the third quarter of the current fiscal year, showing a 6.07 percent decline in net profit. The company’s profit decreased to Rs. 6.56 crore, compared to Rs. 6.98 crore in the same period of the previous fiscal year.
The decline in profit is mainly due to a decrease in net interest income and operating income, despite a reduction in impairment charges during the review period.
Net interest income fell by 13.65 percent to Rs. 14.76 crore, while total operating income declined by 12.80 percent to Rs. 15.27 crore. On the other hand, impairment charges decreased from Rs. 3.50 crore to Rs. 2.16 crore.
The institution’s non-performing loan (NPL) ratio increased by 0.33 percentage points to 3.46 percent.
With a paid-up capital of Rs. 1.03 arba, the microfinance company reported distributable profit of Rs. 5.67 crore, while its dividend capacity stood at 7.23 percent. Retained earnings declined from Rs. 8.34 crore to Rs. 5.67 crore, whereas reserves increased from Rs. 18.31 crore to Rs. 19.21 crore.
Earnings per share (EPS) declined by Rs. 0.55 to Rs. 8.46. The net worth per share stood at Rs. 124.07, while the per-share total asset value was recorded at Rs. 578.06.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
