Jeevan Bikas Laghubitta's Net Profit Surges By 89.37% to Rs. 38.9 Crore in Q2 ; EPS Rose to Rs. 50.65
Summary
Jeevan Bikas Laghubitta Bittiya Sanstha Limited reported an 89.37% surge in net profit to Rs. 38.9 crore in Q2 FY 2082/83, with EPS rising to Rs. 50.65.
Key Points
- Jeevan Bikas Laghubitta's net profit increased by 89.37% to Rs. 38.9 crore in Q2 FY 2082/83 compared to last year.
- Net interest income grew by 9.76% reaching Rs. 1.04 arba, alongside a 9.91% rise in customer deposits to Rs. 13.64 arba.
- Operating profit more than doubled with a 139.31% increase to Rs. 70.23 crore, while impairment charges were reversed by Rs. 15.32 crores.
- Annualized EPS rose significantly to Rs. 50.65 from Rs. 26.75, and capital adequacy ratio improved to 11.48%.
