Unnati Microfinance Bittiya Sanstha posted rose in net profit by 21.30% to Rs.2.05 crore

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Unnati Microfinance Bittiya Sanstha

Unnati Microfinance Bittiya Sanstha posted rose in net profit by 21.30% in the fourth quarter of this fiscal year 2074/75.

As per the published report, the microfinance has reported rose in net profit to Rs.2.05crore in this Q4 from Rs.1.69 crore in the corresponding quarter of last fiscal year 2073/74.

It has borrowing of Rs. 84.24 crore & deposit of Rs. 33.36 crore. It had extended in loan & advances of Rs. 1.00 arba. Deposit increased by 117.46% & loan expansion increased by 73.37%

Its net interest income rose to Rs 6.50 crore from Rs.5.15 crore in the last corresponding quarter. Operating profit decreased by 8.46% to Rs.3.15 crore from Rs.2.91 crore in the comparing period.

Its paid up capital is Rs.5.50 crore with reserves fund of Rs.3.52 crore.

Its non performing loan stands at 0.62% from 0.00% from the last year. Cost of fund is Rs.10.07% & CD ratio at 304.01%.

Annualized earning per share is Rs.37.37. Net worth per share is Rs.163.96. PE ratio stands at 49.23 times.

Also read: net profit of Support microfinance fall by 52% in Q4