Mahila Laghubitta Logs 48% Growth in Net Profit

Aug 05, 2019 11:39 AM Merolagani

Mahila Laghubitta has raised its net profit by 48.25 percent to Rs 30.8 million in the fourth quarter of the last FY compared to Rs 20.7 million of the corresponding period of the previous FY.

The company with Rs 60 million in paid-up capital has a reserve fund of Rs 62.3 million. In the review period, the company collected a deposit of Rs 480.2 million and extended loan of Rs 1.34 billion.

In the review period, the company decreased its bad debt to 0.61 percent from earlier 1.04 percent.

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