Naya Nepal Laghubitta Bittiya Sanstha Limited (NNLB) net profit stood at Rs. 1.33 crore in the fourth quarter this year as compared to profit of meager Rs 8 Lakhs in the corresponding quarter of the last year.

The micro finance company collected deposits equal to Rs 14.17 crore while loans and advance amounted to Rs 77.24 crore. The borrowings of the company grew to Rs 55.66 crore, marking an increase of 117.14%.

The paid-up capital of the company stands at Rs 8.40 crore with reserve of Rs 3.53 crore. The net interest income stands at Rs 3.86 crore up from Rs 1.88 crore posted in the corresponding profit of the previous year.

The EPS of the company currently stands at Rs 15.90. The net worth per share stands at Rs 142.10. The quarter end PE ratio stands at 27.67 times.

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