Kathmandu. Diprox Laghubitta Bittiya Sanstha in the current fiscal year 2082. The company has published its unrevised annual financial statements for the first quarter (July-September) of 2018.
According to the financial report, the company has earned a profit of Rs 20.22 crore in the first three months of the current FY. The company had posted a net profit of Rs 6.79 crore in the same period last year. Compared to the previous year, the profit of the company increased by 197.44 percent.
During the review period, the operating profit of the company increased by 196.68 percent to Rs 28.81 crore. Such profit was limited to Rs 9.71 crore in the same period of the previous year.
The net interest income of the company stood at Rs 53.35 crore as of mid-September of the current FY. The company had posted a net profit of Rs 41.61 crore in the same period last year. Compared to the previous year, the net interest income increased by 28.21 percent.
The distributable profit of the company stood at Rs 75.90 crore during the review period. As of the first quarter, the dividend distribution capacity of the company stood at 40.63 percent.
The NPL ratio of the company has come down to 8.73 percent. In the previous year, the NPL was 9.01 percent.
The company has a paid-up capital of Rs 1.86 billion with retained earnings of Rs 75.90 crore and reserve capital of Rs 1.50 billion. In the previous year, it had retained earnings of Rs 60.64 crore and reserve of Rs 1.42 billion. The size of the retained earnings and reserves has increased.
Till the review year, the company has collected deposit of Rs 11.39 billion and extended loan of Rs 25.50 billion. In the previous year, the company had collected deposit of Rs 11.01 billion and extended loans of Rs 25.32 billion.
The company’s annualized earnings per share (EPS) increased by 171.58 percent to Rs 43.29. The EPS was Rs. 15.94 in the previous year. The company has a net worth per share of Rs 221.21 with a PE ratio of 18.62 times.
