Mithila Laghubitta Posts Stellar 77% Profit Growth, Showcasing Robust Financial Strength and Market Leadership
Mithila Laghubitta Bittiya Sanstha Limited recorded a net profit of NPR 84.1 million in the fourth quarter, marking a 77% annual growth.
ShareSanskar | Shrawan 22, 2082
Mithila Laghubitta Bittiya Sanstha Limited has reported outstanding fourth-quarter unaudited financial results, reflecting impressive growth and operational excellence. The microfinance institution recorded a net profit of NPR 84.1 million, marking a 77% increase from the previous year’s NPR 47.5 million. This significant rise highlights the company’s ability to capitalize on market opportunities while maintaining strategic discipline and efficient operations.
The strong performance was underpinned by a sharp rise in net interest income, which grew 41.86% to NPR 209.1 million from NPR 147.4 million a year earlier. This growth reflects Mithila’s effective yield management and prudent asset-liability strategies, ensuring profitability without compromising risk standards. Total operating income rose 40.36%, while operating profit surged an impressive 107.68%, underscoring the institution’s efficiency and cost optimization capabilities.
Mithila’s financial strength is supported by a robust capital base, with paid-up capital standing at NPR 223.9 million and accumulated reserves reaching NPR 204.4 million. This solid capital position provides the flexibility to pursue growth opportunities while ensuring compliance with regulatory requirements.
Operationally, the institution demonstrated strong market penetration, mobilizing NPR 1.77 billion in borrowings and NPR 1.18 billion in deposits, enabling total loan disbursements of NPR 2.96 billion. These figures reflect its ability to efficiently channel resources into productive lending while maintaining market confidence.
For shareholders, the value proposition has strengthened considerably. Earnings per share increased by NPR 13.32 to NPR 37.58, while net worth per share reached NPR 191.29. The price-to-earnings ratio stood at 42.55 times, signaling market confidence in Mithila Laghubitta’s growth trajectory. With its combination of strong financial results, operational mastery, and commitment to financial inclusion, the institution has cemented its place as a leading force in Nepal’s microfinance landscape.