Chhimek Laghubitta Reports Rs. 57.6 crore Net Profit in Q2; EPS at Rs. 31.85, Net Interest Income Surges By 7.45%
Summary
Chhimek Laghubitta Bittiya Sanstha Limited posted a net profit of Rs. 57.6 crore in Q2 FY 2082/83, driven by higher net interest income and reduced impairment charges.
Key Points
- Chhimek Laghubitta reported a 12.55% increase in net profit to Rs. 57.6 crore in Q2 2082/83 compared to the previous year.
- Net interest income rose by 7.45% to Rs. 1.45 arba due to improved core revenue.
- Impairment charges decreased sharply by 80.23%, indicating better loan performance.
- Customer deposits and loans and advances increased by 17.87% and 10.67%, respectively, supporting growth.
