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RSDC Laghubitta Laghubitta Net Profit Rises 35.85%

. RSDC Laghubitta Bittiya Sanstha has published its financial details for the last fiscal year. The company earned a net profit of Rs 13.82 crore in the fourth quarter of the last FY.

The company’s net profit increased by 35.7 TAG_OPEN_div_26 6 percent compared to the same period last year. The company had posted a net profit of Rs 10.18 crore in the previous fiscal year.

However, the net interest income of the microfinance company has decreased.TAG_OPEN_div_24 The net interest income of the microfinance company declined by 14.36 percent to Rs 19.15 crore in the last fiscal year from Rs 22.36 crore in the previous financial year.

The company’TAG_OPEN_div_22 s total operating income fell 13.95 percent to Rs 196.937 crore. Net duty and commission income increased by 1.43 percent to Rs 5.266 lakh. This has helped in increasing the net profit.

The distributable profit of the company has reached Rs 11.TAG_OPEN_div_20 41 crore till mid-July, which is 33.58 percent higher than the previous year. The company’s net profit stood at Rs 8.54 crore in the same period of the previous fiscal year.

Similarly, the company has a paid-up capital of Rs 1.03 billion and reserve fund of Rs 32.12 crore.TAG_OPEN_div_18

The company’s earnings per share have also increased compared to the previous financial year.TAG_OPEN_div_16 The company’s earnings per share increased by Rs 3.52 to Rs 13.37 from Rs 9.85 in the previous FY.

As of mid-July, the company has a distributable earnings of Rs 11.04.TAG_OPEN_div_14 The net worth per share has reached Rs 131.07.

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