Nirdhan Utthan Laghubitta Reports Rs. 11.97 Crore Net Profit in Q2

Nirdhan Utthan Laghubitta Bittiya Sanstha Limited has published its interim financial statement for the second quarter ending in Poush 2082. The microfinance institution earned a net profit of Rs. 11.97 Crore during this period. The institution’s total assets reached Rs. 28.86 Arba, while its total equity stands at Rs. 5.85 Arba.

The report highlights that the annualized Earnings Per Share (EPS) is Rs. 8.73. Key financial indicators show a Non-Performing Loan (NPL) ratio of 14.12% and a base rate of 13.05%. Additionally, the company recorded an interest income of Rs. 1.79 Arba and a cost of funds of 8.06% for the reported period.

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