Mero Microfinance Bittiya Sanstha Limited has posted increased in net profit by 2.05 percent in the fourth quarter of this fiscal year 2074/75.
As per the published report, the microfinance has reported increased in net profit to Rs.9.47 crore in this Q4 from Rs.9.28 crore in the corresponding quarter of last fiscal year 2073/74.
It has borrowing of 2.53 arba & deposit collection of Rs.78.37 crore & floated in loan & advances of Rs.3.38 arba. Deposit collection & loan expansion increased by 56.90% & 40.85% respectively.
Its net interest income increased to Rs.21.74 crore from Rs.20.83 crore in the last corresponding quarter. Operating profit increased to Rs.14.85 crore from Rs.14.58 crore in the last year.
Its paid up capital is Rs.28.60 crore with reserves of Rs.15.85 crore.
Its non performing loan (NPL) stands at 1.33 percent from 0.98 percent from the last year.
Annualized earning per share is Rs.33.12 & net worth per share is Rs.155.45. PE ratio stands at 30.25 times.
