Diprosc Laghubitta Increases Net Profit by 60%

Feb 04, 2019 Merolagani

Diprosc Laghubitta Bittiya Sanstha (DDBL) has increased its net profit by 60.24 percent to Rs 179.9 million in the second quarter of the current FY compared to Rs 112.3 million of the corresponding period of the last FY.

In the review period, the company raised its EPS to Rs 51.19 from earlier Rs 31.95. The company with Rs 703.1 million in paid-up capital increased its reserve fund by 72.87 percent to Rs 684 million.

During the period, the company collected deposit of Rs 2.95 billion, borrowed Rs 5.33 billion and extended loan of Rs 9.20 billion. During the period, the company earned interest income of Rs 736.8 million and spent Rs 362 million in interest expense through which it earned net interest income of Rs 374.8 million.

In the review period, the bad debt of the bank reach 0.89 percent and has maintained net worth per share of Rs 197.29 and P/E ratio of 11.23 times.

 

 

 

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