Aarambh Microfinance Bittiya Sanstha has posted massive raise in net profit by 224.55% 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.20.10 lakh in this Q4 from Rs.6.19 lakh in the corresponding quarter of last fiscal year 2073/74.
It has borrowing of Rs31.12 crore & deposit of Rs. 10.35 crore. It had extended in loan & advances of Rs. 35.74 crore. Deposit increased by 160%.
Its net interest income rose to Rs.2.60 crore from Rs.1.54 crore in the last corresponding quarter. Operating profit increased by 428.50% to Rs.22.11 lakh from 4.18 lakh in the comparing period.
Its paid up capital is Rs.6 crore with negative reserves fund of Rs.35.46 lakh.
Its non performing loan stands at 2.10% from 0.10% from the last yea. Cost of fund is Rs.11.18%.
Annualized earning per share is Rs.3.35. Net worth per share is Rs.94.09. PE ratio stands at 173.69 times.
