. Kalika Laghubitta Bittiya Sanstha Limited has reported a net profit in the first quarter of the current fiscal year. In the first three months of the current FY, the microfinance company has earned a net profit of Rs 2.03 crore. It was 19.63 percent higher than the same period last year. The company had posted a net profit of Rs 1.70 crore in the same period last year.
The net profit of the company has increased due to the increase in net interest income. In the first quarter, the company’s net interest income increased by 31.23 percent to Rs 10.87 crore. In the last fiscal year, the company had an income of Rs 8.28 crore.
Similarly, the company’s total income from operations increased by 25.48 percent to Rs 12.19 crore.TAG_OPEN_div_14 In the last fiscal year, the company had a net profit of Rs 9.72 crore. Similarly, the operating profit of the company increased by 19.45 percent to Rs 29 million in the review period. In the previous fiscal year, the company’s operating profit was Rs 5.21 crore.
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