Lalitpur Finances Net profit shrinks by 27.87% in 3rd quarter; EPS stands at Rs 34.49

As per the 3rd quarter report, Lalitpur Finance Ltd has earned a net profit of Rs 8.17 crore with an EPS of Rs 34.49 The net profit earned this year is 27.87% lower than the previous year. 

The Net Interest Income has decreased by 46.58%. The Net Interest Income as of 3rd quarter is Rs 95.67 lakh. The operating profit has plunged by 64.54% in this quarter.

The company has a paid-up capital of Rs 2.37 crore after. Similarly, the company still has a negative reserve of 7.19 crore. The company has a net worth per share of Rs 69.64.

In term of deposit collection, a decent growth of 65.84% is seen as the collection rose to 25.25 crores. Similarly, lending has decreased by 2.03% at 38.28 crores.

The company has recently announced shareholder's book will remain closed from 21 Jestha to 3rd Ashard, 2075 for its 20th and 21st AGM and the main agenda includes the issuance of 1:1 right share.

Key Indicartors:

Earning Per Share (EPS)           : Rs 34.49

Price Earning Ratio (P/E Ratio) : 4.98 times 

Book Value                                 : Rs 69.64

P/b Ratio                                     : 2.55 times