Global IME Laghubitta Posts Rs. 10.59 Crore Net Profit in Q2 with EPS at Rs 32.67; Core Revenue Up by 39.04%
Summary
Global IME Laghubitta reported a net profit of Rs. 10.59 crore in Q2 of FY 2082/83, down 10.51%, with a 39.04% rise in net interest income and EPS at Rs. 32.67.
Key Points
- Global IME Laghubitta's net profit declined by 10.51% to Rs. 10.59 crore in Q2 of FY 2082/83.
- Deposits increased by 6.74% to Rs. 3.85 Arba, and loans and advances rose by 6.43% to Rs. 10.29 Arba.
- Net interest income surged by 39.04% to Rs. 48.76 crore compared to the previous year.
- Capital adequacy ratio decreased to 9.53%, while the non-performing loan ratio rose to 8.96%.
- Annualized earnings per share stood at Rs. 32.67, with a price-to-earnings ratio of 35.60 based on a market price of Rs. 1163 per share.
