Sana Kisan Laghubitta Logs  34% Growth in Net Profit

Feb 01, 2023 10:51 AM Merolagani

Sana Kisan Bikas Laghubitta Bittiya Sanstha (SKBBL) has published its second-quarter report of the current FY.

As per the report, the net profit of the company has increased by 34.33 percent compared to the corresponding period of the last FY.

During the period, the company earned Rs 434.9 million in net profit compared to Rs 323.8 million of the review period of the last FY.

Increase in net interest income and operating profit can be attributed to the increase in net profit.

In the review period, the company increased its net interest income by 37.44 percent to Rs 849.8 million.

Similarly, its operating profit increased by 34.39 percent to Rs 620.3 million.

The company with Rs 1.56 billion in paid-up capital has reserve fund of Rs 1.43 billion. During the period, it collected deposits of Rs 1.44 billion and extended loan of Rs 43.3 million.

The company logged EPS of Rs 55.61,  P/E ratio of 22.71 times and net worth per share of Rs 294.49.


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