Aarambha Chautari Laghubitta (ACLBSL) has announced a 192 percent increase in net profit through the third quarter of fiscal year 2077/78. The microfinance firm made a net profit of Rs 7.83 crores in the first nine months of the fiscal year, up from 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 interest 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 report 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|
|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|
|Cost 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|
Please keep in mind that
The above figures are 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.