Net Profit of Mahila Laghubitta gets Support from Right Back

May 04, 2022 10:33 AM Merolagani

Mahila Laghubitta Bittiya Sanstha (MLBSL) has published its third quarter report of the current FY. As per the company’s report, its net profit has increased compared to the corresponding period of the last FY.

In the review period, the company earned a net profit of Rs 102.6 million, a growth of 55.70 percent compared to  Rs 64.2 million of the review period of the last FY.

During the period, the company logged 28.85 percent increase in net interest income and total operating income by 22.45 percent. However, its operating profit decreased by 48.14 percent.

 In the review period, the company recovered Rs 117 million in bad debt.

The company increased its paid-up capital by 47.50 percent and reserve fund by 30.36 percent. The company increased its borrowing by 24.33 percent, deposits by 43.81 percent and loans by 43.81 percent.

The company logged EPS of Rs 90.42, P/E ratio of 38.21 times and net worth per share of Rs 269.55.

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