Nagbeli Laghubitta Earns Net Profit of Rs 21.2 Mn

May 06, 2019 Merolagani

Nagbeli Laghubitta (NBBL) has increased its net profit byRs 2.8 million to Rs 21.2 million in the third quarter of the current FY compared to Rs 18.3 million of the corresponding period of the last FY.

The company with paid-up capital of Rs 167.6 million has reserve fund of Rs 108.4 million.

In the review period, the company collected deposit of Rs 300.2 million, borrowed Rs 322.9 million and extended loan of Rs 817.5 million.

During the period, the company increased its net interest income by Rs 21.1 million to Rs 59.5 million compared to Rs 38.3 million of the last FY.

However, the bad debt of the company also increased to 4.28 percent compared to 3.76 percent of the last FY.

The company has EPS of Rs 12.67, net worth per share of Rs 139.33 and P/E ratio of 47.99 times.

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