Infinity Laghubitta Improves Net Profit

Oct 25, 2019 03:29 PM Merolagani

Infinity Laghubitta ILBS) has increased its net profit by 142.47 percent to Rs 16.1 million in the first quarter of the current FY compared to Rs 6.6 million of the corresponding period of the last FY.

In the review period, the EPS of the company improved by Rs 12.09 to Rs 31.06 compared to Rs 18.97. the company increased its paid-up capital to Rs 207.4 million and has reserve fund of Rs 86.4 million.

During the period, the company collected deposit of Rs 558.6 million, borrowed Rs  806.1 million and extended loan of Rs 1.60 billion.

During the period, the company earned Rs 39.2 million in net interest income that was Rs 20.9 million in the last FY.

The company maintained non-performing loan of 1.13 percent, net worth per share of Rs 141.69 and P/E ratio of 15.21 times.

comments powered by Disqus

'Araniko highway expansion to continue'

Apr 22, 2024 11:35 AM

The expansion of Sanga-Dhulikhel road along the Araniko Highway is to continually move ahead.

Gold and Silver Price Decline

Apr 22, 2024 10:58 AM