Nirdhan Utthan Laghubitta Earns Net Profit of Rs 527 Mn

Apr 28, 2019 Merolagani



Nirdhan Utthan Laghubitta (NUBL) has earned a net profit of Rs 527.5 million in the third quarter of the current FY. The net profit increased by 32.18 percent compared to Rs 399.1 million of the corresponding period of the last FY.

The company with Rs 1.20 billion in paid-up capital has reserve fund of Rs 1.38 billion. In the review period, the company collected deposit of Rs 10.27 billion, borrowed Rs 7.26 billion and extended loan of Rs 18.55 billion. The company earned a net interest income of Rs 1.15 billion during the period.

In the mean time, the bad debt of the company increased to 1.13 percent compared to 0.83 percent of the last FY.

The company has EPS of Rs 58.62, net worth per share of Rs 215.64 and P/E ratio of 13 times.

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