The net profit of Deprosc Laghubitta has increased by 159.55 percent to Rs 713.7 million in the fourth quarter of the last FY compared to the corresponding period of the previous FY.
Although it logged minimal growth in net profit and operating profit, recovery of huge bad debt can be attributed to its increased net profit.
In the review period, its net interest income increased by 42.79 percent and operating profit by 66.32 percent.
During the period, its paid-up capital increased by 15 percent and reserve fund by 55.39 percent. Similarly, its borrowing, deposit and loan extension increased by 19.63, 32.55 and 31.90 percent respectively.
During the period, the company logged EPS of Rs 61.73, P/E ratio of 27.31 times and net worth per share of Rs 211.96.
