Mithila Laghubitta Logs 100% growth in net profits

Aug 02, 2019 11:54 AM Merolagani



Mithila Laghubitta (MLBBL) has logged 100 percent growth in its net profit in the fourth quarter of the last FY. The company earned a net profit of Rs 19.1 million in the review period compared to Rs 9.5 million of the previous FY.

The company with Rs 98.96 million in paid-up capital has a reserve fund of Rs 47.89 million in the review period.

In the review period, the company collected deposit of Rs 249.47 million, borrowed Rs 582.721 million and extended loan of Rs 948.221 million.

During the period, the company earned Rs 58.763 million in interest income and net operating profit of Rs 29.508 million.

The company has EPS of Rs 19.38, net worth per share of Rs 148.39 and P/E ratio of 4.76 times.




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