πŸ“‰ Financial Shock! πŸ’” RSCD Microfinance Profit Plunges 27%

RSDC Laghubitta’s Financial Performance: Quarterly Report Reveals Insights into Microfinance Sector

RSDC Laghubitta Bittiya Sanstha Limited has released its financial results for the fourth quarter of the last fiscal year. Let’s dive into the financial performance and understand the key highlights of this microfinance institutionβ€˜s performance.

Profitability Analysis:

According to the latest report, RSDC Laghubitta reported a net profit of NPR 10.31 million for the twelve-month period. However, this figure reflects a 27% decrease compared to the previous year’s net profit of NPR 14.17 million. This indicates a decline in profitability compared to the previous fiscal year. Investors and analysts closely monitor such financial metrics to gauge the company’s performance.

Revenue and Expense Trends:

A significant factor contributing to the reduced net profit is the decrease in net interest income. The income declined from NPR 28.98 million to NPR 22.45 million. Simultaneously, there was an increase in impairment charges, further impacting the profitability of the company. These trends are crucial in understanding the financial health of the microfinance company.

Key Financial Indicators:

  • Distributable Profit: As of the end of Ashar (mid-July), the company’s distributable profit stood at NPR 8.54 million.
  • Paid-up Capital: RSDC Laghubitta has a paid-up capital of NPR 1.034 billion.
  • Reserve Fund: The company’s reserve fund amounts to NPR 18.29 million.
  • Earnings Per Share (EPS): The earnings per share is recorded at NPR 9.98.
  • Net Worth Per Share: The net worth per share is reported at NPR 125.95. These figures offer vital clues for stock market analysis and investment decisions.

Detailed Report:

For a comprehensive understanding of RSDC Laghubitta’s financial performance, we recommend reviewing the complete report. The financial statements provide detailed information on assets, liabilities, equity, revenue, expenses, and cash flows. You can access the full report for a comprehensive analysis of the company’s financial position. The report is invaluable for understanding the current market conditions and the firm’s future prospects. The data is essential for anyone engaged in financial analysis and investment strategies.

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