Kalika Microcredit Development bank limited has reported massive fall in net profit by 53.27% in the 2nd quarter report of FY 2074/75.
As per the report published, Kalika Microcredit has earned net profit of 65.41 lakh in this quarter. It has earned 1.39 crore in second quarter of last year. Net profit decreased by 53.27.
Microfinance has collected 42.46 crore & borrowed 59.75 crore. Disburse in loan 1.01 arba.
Net interest income increased to 4.13 crore from 3.38 crore. Operating profit decreased 61.39%. Operating profit remains at 79.01 lakh from 2.04 crore in the last year Q2 report.
Its paid up capital is 8.25 crore. It is increased by 65%. Reserve is 5.6crore which decreased by 8.74%. Paid up capital will reach to 10 crore after 21.21 stock dividend.
Non-performing loan increased to 2.23 from 1.7.
Annualized earning per share stands at 15.86. It is fall by 71.68%. Net worth per share stands at 167.99. PE ratio stands at 108.58 times.
