Kalika Laghubitta Logs Decline in Net Profit

Nov 08, 2022 10:04 AM Merolagani

Kalika Laghubitta Bittiya Sanstha (KMCDB) has published its first quarter report of the current FY.

As per the report, its net profit decreased by 72.58 percent to Rs 13.1 million in the review period compared to Rs 48 million of the corresponding period of the report of the last FY.

Decrease in net interest income, other operating income and write-back can be attributed to the decline in net profit during the period.

During the period, the company decreased its net interest income by 6.81 percent, other operating income by 29.72 percent, total operating income by 11.83 percent and operating profit by 67.48 percent.

In the review period, the company raised its capital by 12.72 percent, and reserve fund by 24.33 percent. Similarly, it raised its borrowing by 29.86 percent, deposits by 15.03 percent and loans by 16.65 percent.

The company logged EPS of Rs 16.83, P/E ratio of 57.99 times and net worth per share of Rs 176.85.

 

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