Ganapati Laghubitta Q2: Net Profit and Revenue Decline; NPL at 4.66%

Ganapati Laghubitta Q2: Net Profit and Revenue Decline; NPL at 4.66%

Ganapati Laghubitta Bittiya Sanstha Limited (GMFBS) has published its second-quarter financial report for FY 2080/2081, indicating a 5.33% decrease in Net Profit. The net profit for this quarter fell to Rs. 1.07 Crores from Rs. 1.13 Crores in the same period last year.

Moreover, the company experienced a 14.25% decrease in borrowings, totaling Rs. 1.49 Arba compared to the previous year. Additionally, loans and advances dropped by 17.89% to 2.05 Arba.

 

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