RSDC Laghubitta Increases Net Profit by 86%

Apr 29, 2019 Merolagani

RSDC Laghubitta (RSDC) has earned a net profit of Rs 42.8 million in the third quarter of the current FY compared to Rs 23 million in the corresponding period of the last FY.

The company with Rs 633.5 million in paid-up capital has reserve fund of Rs 147.8 million.

In the review period, the company borrowed Rs 1.65 billion and extended loan of Rs 2.29 billion. The company earned Rs 83.4 million in net interest income. The interest earning increased by 82 percent compared to Rs 45.9 million of the review period of the last FY.

The company has a non-performing loan of 0.30 percent, EPS of Rs 9.01, net worth per share of Rs 123.34, cost of fund of 10.74 percent and P/E ratio of 40.05 times.

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