Upakar Laghubitta Swings to Rs. 5.61 Crore Profit in Q4; EPS Rises to Rs. 52.93
Summary
Upakar Laghubitta Bittiya Sanstha Limited swung to a net profit of Rs. 5.61 crore in the fourth quarter of FY 2082/83, with earnings per share rising to Rs. 52.93. Net interest income improved and impairment charges fell, though the NPL ratio climbed to 9.97% and capital adequacy declined.
Key Points
- Upakar Laghubitta Bittiya Sanstha Limited reported a net profit of Rs. 5.61 crore in Q4 FY 2082/83, versus a net loss of Rs. 1.59 crore a year earlier.
- EPS rose sharply to Rs. 52.93 from a negative Rs. 15.01, while net worth per share increased to Rs. 305.54.
- Net interest income grew 21.81% and impairment charges fell 46.10%, helping boost operating profit.
- Asset quality weakened as the NPL ratio increased to 9.97% and capital adequacy declined to 8.23%.
