Sparsha Laghubitta in Profit

Apr 16, 2019 Merolagani

Sparsha Laghubitta (SPARSHA) has been able to earn profit in the third quarter of the current FY. The company occurred loss of Rs 5.6 million in the corresponding period of the last FY. By the third quarter, the company earned a net profit of Rs 6 million.

The company that recently issued IPO has paid-up capital of Rs 82.9million and reserve fund of Rs 6.2 million. The company had reserve loss of Rs 5.5 million in the corresponding period of the last FY.

During the period, the company collected deposit of Rs 138.8 million, borrowed Rs 599.4 million and extended loan of Rs 75.38 billion. The company earned net interest income of Rs 22.4 million and operating profit of Rs 8.4 million in the review period.

Sparsha Laghubitta maintained EPS of Rs 9.17, net worth per share of Rs 107.54 and non-performing loan of 0.43 percent.

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