Nepal Breaking NewsBusinessThe net profit of Aarambha Chautari Laghubitta increased by 192 percent...

The net profit of Aarambha Chautari Laghubitta has increased by 192 percent (Q3 Report)

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Chautari Laghubitta (ACLBSL) has announced a 192 percent increase in net profit through the third quarter of 2077/78. The microfinance firm made a net profit of Rs 7.83 crores in the nine months of the fiscal year, up Rs 2.68 crores in the previous fiscal year’s corresponding time.

The increase in profit is attributed to a 119 percent increase in the microfinance’s net income. During this time, ACLBSL earned Rs 20.3 crores in net interest income.

The annualized Earnings Per Share (EPS) increased to RS 36.42 as a result of the rise in net profit.

The summary version of the quarterly is shown in the table below.

Aarambha Chautari Laghubitta: FY 2077/78 Third Quarterly Report Summary

 

Financial Indicators Q3, F.Y. 2077/78 Q3, F.Y. 2076/77 Percent Change
Paid up capital (Rs.’crores’) 28.67 19.9 44.07
Reserve and Surplus (Rs.’ crores’) 12.42 5.66 119.43
Borrowings (Rs.’Arba’) 2.43 0.94 158.51
Deposits (Rs.’Arba’) 1.17 0.63 85.71
Loans & Advances (Rs.’Arba’) 3.9 1.74 124.14
Net Interest Income (Rs.’crores’) 20.3 9.26 119.22
Operating Profit (Rs. “crores’) 12.05 4.22
Net Profit (Rs.’crores’) 7.83 2.68 192.16
Non Performing Loans, NPL (%) 3.65 2.53 44.27
of Funds (%) 6.56 9.87 -33.54
Earnings Per Share, EPS (Rs.) 36.42
Networth Per Share ( Rs.) 143.31
Market Price Per Share (Rs.) [Chaitra end, 2077] 1660
P/E Ratio 45.58

Please keep in mind that

The above figures taken from the respective company’s unaudited quarterly report. When making investment decisions, investors should consider a variety of factors in addition to this article. After the final audit, the figures can change.

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