Deprosc Laghubitta Increases Net Profit by 62%

May 06, 2019 Merolagani

Deprosc Laghubitta (DDBL) has increased its net profit by 61.80 percent to Rs 287.2 million in the third quarter of the current FY compared to Rs 177.5 million of the corresponding period of the last FY.

The increase in its net profit has reflected in its EPS as the EPS of the company increased by Rs 15.85 to Rs 49.52 in the review period.

In the review period, the company collected deposit of Rs 3.34 billion, borrowed Rs 6.06 billion and extended loan of Rs 10.63 billion.

During the period, the company increased its net interest income by 28.39 percent to Rs 584 million and operating income by 68.29 percent to Rs 387.3 million.

The company with paid-up capital of Rs 773.4 million has reserve fund of Rs 642.8 million.

The company has bad debt of 0.88 percent and net worth per share of Rs 183.11 during the period.

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