Kalika Laghubitta published third quarter financial report; Earned a profit of worth rupees 6 crore

Kathmandu, April 19

Kalika Laghubitta Bittiya Sanstha Limited has earned a profit of Rs. 6 crore in the third quarter of the current fiscal year.

As per the published financial report of the third quarter of the current fiscal year on Monday, the organization has earned a profit of Rs. 6 crore 97 thousand during the review period. Which is 1364 percent more comparing with the same period last year. The organization had earned a profit of Rs. 41 lakh 5 thousand in the same period last year.

The operating income of the company in the current period is Rs. 72 lakh 83 thousand. Whereas, in previous year at this same time, the operating deficit was Rs. 63 lakh 58 thousand.

During this period, the organization has earned net interest income of Rs. 20 crore 91 lakh. This is 89.19 percent more than last year. Such income of the company in the same period last year was Rs. 11 crore 5 lakh.

The company has borrowed Rs. 1arba 41 crore and disbursed Rs. 2 arba 99 crore during the review period. During the same period last year, the institution had borrowed Rs. 1 arba 24 crore  and disbursed Rs. 2 arba 42 crore.

The reserve fund has also increased by 21.03 percent and has reached to Rs. 17 crore 78 lakh. Last year, the reserve was Rs. 14 crore 68 lakh.

The company has a paid-up capital of Rs. 25 crore 23 lakh and an annualized earnings per share (EPS) of Rs. 31.75. The company has a price-to-earnings ratio (PE ratio) of 43.49 times and a net worth of Rs. 170.45 per share.