Gurans Laghubitta Reports 90% Surge in Net Profit, Boosts Earnings Per Share
Gurans Laghubitta posted a net profit growth of nearly 90% in FY 2081/82, driven by strong interest income and operational efficiency. EPS rose to NPR 34.17.
Gurans Laghubitta Bittiya Sanstha Ltd. (GLBSL) has published its unaudited fourth-quarter financial results for the fiscal year 2081/82, reporting a sharp increase in profitability and earnings per share.
The microfinance institution posted a net profit of NPR 39.58 million, a significant 89.96% rise compared to NPR 20.8 million recorded in the same period last year. This substantial improvement was primarily driven by higher net interest income and robust operational gains.
Net interest income climbed 59.74% during the review period, while other operating income increased by 15.47%. Total operating income rose by 42.16%, and operating profit surged 87.85%, highlighting strong cost management and lending performance.
Asset quality also improved, with the non-performing loan (NPL) ratio declining from 3.67% to 2.91%.
As a result, earnings per share (EPS) nearly doubled, reaching NPR 34.17, up from NPR 16.18 a year earlier. The company’s price-to-earnings (P/E) ratio stood at 64.78 times, while net worth per share was NPR 156.79.
With paid-up capital of NPR 115.8 million and a reserve fund of NPR 65.7 million, Gurans Laghubitta mobilized total lending of NPR 1.95 billion, sourced from NPR 1.30 billion in borrowings and NPR 455.5 million in deposits.
The strong earnings and improved asset quality suggest growing financial health and resilience in Nepal's microfinance segment.