Kalika Laghubitta’s Profit and Earnings Per Share Surge Significantly

Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) has published its unaudited financial report for the fourth quarter of the last fiscal year. The report reveals a significant improvement in the company’s financial performance compared to the same period of the previous year.

The microfinance institution reported a net profit of NPR 108 million by the end of the fiscal year, up from NPR 79.2 million in the previous year — a 36.42% growth. This growth is primarily attributed to a 50.29% increase in net interest income and an 83.88% surge in other operating income. The total operating income rose by 54.98%, and operating profit increased by 95.89%.

Alongside profit, the company’s earnings per share (EPS) also rose by NPR 5.23, reaching NPR 26.51. By the end of Ashad, the price-to-earnings (P/E) ratio stood at 39.96 times, while the per-share net worth reached NPR 186.44.

Kalika Laghubitta, with a paid-up capital of NPR 407.6 million, has accumulated NPR 352.4 million in its reserve fund. It has collected deposits worth NPR 1.64 billion and invested NPR 4.84 billion in loans by the fiscal year-end.