Laxmi Laghubitta'S EPS Declines to Rs 37

Oct 30, 2017 Merolagani



Laxmi Laghubitta has earned a net profit of Rs 21.2 million in the first quarter of the current FY. The company earned a net profit of Rs 24.8 million in the corresponding period of the last FY.

During the review period of the last FY, Laxmi Laghubitta had EPS of Rs 90.45 which has declined to Rs 37.20 in the current FY. The decline can be attributed to the dual increment in its paid-up capital compared to the last FY. The company failed to raise its profit evenly with the increase in its paid-up capital. As a result, it also failed to maintain its EPS to the same extent.




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