Global IME Laghubitta Earns Net Profit of Rs 33.4 Mn

Oct 25, 2019 03:49 PM Merolagani

Global IME Laghubitta (GILB) has increased its net profit by 339.05 percent to Rs 33.4 million in the first quarter of the current FY compared to Rs 7.6 million of the corresponding period of the last FY.

During the period, the company collected deposit of Rs 1.04 billion, borrowed Rs 3.02 billion and extended loan of Rs 3.82 billion.

During the period, the company earned Rs 61.2 million in net interest income that was Rs 21.9 million in the last FY.

The company with paid-up capital of Rs 253.9 million and has reserve fund of Rs 91 million.

The company maintained non-performing loan of 0.54 percent, EPS of Rs 52.70, net worth per share of Rs 127.35 and P/E ratio of 13.34 times.

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