Infinity Laghubitta Increases Net Profit by 214%

Apr 23, 2019 Merolagani

Infinity Laghubitta (INFINITY) has increased its net profit by 214.17 percent to Rs 21.9million in the third quarter of the current FY compared to Rs 6.9 million of the last FY.

The company with Rs 140 million in paid-up capital has reserve fund of Rs 27.1 million. In the review period, the company collected deposit of Rs 456.7 million, borrowed Rs 875.6 million and extended loan of Rs 1.34 billion.

In the third quarter, the company earned Rs 59.4 million compared to Rs 19 million of the last FY.

The company has a non-performing loan of Rs 1.01 percent, EPS of Rs 20.89 and net worth per share of Rs 119.40.

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