The Sana Kisan Laghubitta Bittiya Sanstha Limited (SKBBL) presented its first-quarter report for the fiscal year 2078/2079, which showed an increase in net profit of 18.12 percent. According to the company’s report, net profit grew to Rs. 16.54 crores in the third quarter of this year from Rs. 14 crores in the equivalent quarter of the previous year.
To Rs. 21.40 arba (from Rs. 18.46 arba in the equivalent quarter of the previous year), the company boosted its borrowings by 15.95 percent, from Rs. 18.46 arba in the previous quarter. In this quarter, the company’s loans and advances climbed by 29.26 percent, bringing the total to 25 Arba.
Net interest income (core revenue) increased by 11.89 percent to Rs. 29.92 crore in the third quarter of the current fiscal year, compared to Rs. 26.74 crore in the same quarter the previous year.
At the end of this quarter, the company’s paid-up capital stood at Rs. 1.25 Arba, while its reserves and surplus amounted at Rs. 2.49 Arba, respectively.
The company’s earnings per share (annualized EPS) is Rs. 52.87 per share. Net worth per share is Rs. 299.42 (Rs. 299.42). The company’s stock traded at a price-earnings ratio of 33.55 times.