Jalpa Laghubitta’s Net Profit Declines

Aug 01, 2022 10:12 AM Merolagani



Jalpa Laghubitta Bittiya Sanstha (JALPA) has published its fourth quarter report of the last FY. As per the report, the net profit of the company has declined in the review period compared to the corresponding period of the previous FY.

The company earned a net profit of Rs 98.6 million in the review period compared to Rs 103.4 million of the corresponding period of the last FY. The net profit declined by 4.67 percent during the period.

Although the company increased its net interest income, increase in operating expenses and employee expense can be attributed to the decrease in the net profit.

In the review period, its net interest income increased by 36.20 and total operating income by 40.31 percent. However, its operating profit declined by 1.45 percent  during the period.

During the period, its paid-up capital increased by 48.42 percent and  reserve fund  by 25.99 percent. Similarly, its borrowing increased by 57.89 percent, deposits by 20.52 and loan extensions by 40.29 percent.

In the review period, it logged EPS of Rs 61.66, P/E ratio of 37.59 times and net worth per share of Rs 347.70.