NMB Laghubitta Bittiya Sanstha Limited (NMBMF) has recorded a sharp rebound in its financial results for the fourth quarter of FY 2081/82, with a net profit of Rs. 6.38 crore, recovering from a net loss of Rs. 5.29 crore in the same quarter last fiscal year.

The company’s core revenue — net interest income — jumped 61.83% to Rs. 43.55 crore from Rs. 26.91 crore a year ago, supported by strong growth in lending and deposits. Loans and advances to customers rose 27.02% to Rs. 6.75 Arba, while deposits from customers increased 17.57% to Rs. 1.56 Arba. Borrowings also surged 27.83% to Rs. 4.33 Arba.

Retained earnings turned positive at Rs. 20.26 lakh from a negative Rs. 6.31 crore last year, while reserves and surplus grew 7.39% to Rs. 21.80 crore. Impairment charges, however, more than doubled, climbing 175.43% to Rs. 3.05 crore.

The company’s asset quality improved, with the Non-Performing Loan (NPL) ratio falling to 4.43% from 6.35%, and the cost of funds dropping to 7.28% from 9.44%. Earnings per share stood at Rs. 8.85, compared to a loss per share of Rs. 7.33 in the previous year, while net worth per share increased 8.58% to Rs. 140.61.

At the end of the quarter, NMB Laghubitta’s price-to-earnings ratio was 84.20 times, with the market price of its shares at Rs. 745.13.