Net Profit of Swarojgar Laghubitta Jumps 28.89%

Aug 02, 2018 Merolagani

The net profit of Swarojgar Laghubitta (SLBBL) has increased by 28.89 percent in the last FY. The growth in the net profit is attributed to the increase in its deposit by 64 percent and loan extension by 67 percent.

In the last FY, the company earned a net profit of Rs 36.5 million which was Rs 28.3 million in the previous FY. The company with a paid-up capital of Rs 122.4 million has Rs 66.4 million in reserve fund.

In the review period, Swarojgar borrowed Rs 1.71 billion, collected deposit of Rs 782.3 million and extended loan of Rs 2.13 billion.

The company raised its net interest income by 35.57 percent to Rs 126.7 million.

The company has bad debt of 0.36 percent, EPS of Rs 29.86, P/E ratio of 28.96 times and net worth per share of Rs 154.26.

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