Reliable Microfinance Bittiya Sanstha Limited (RMFL) has published second quarter report surge in net pofit by 3.78% in this FY 2074/75. Net profit of microfinance reached to 74.70 lakh from 71.98 lakh from the second quarter of last year.
As per the report published, Microfinace has collected deposit of 24.14 core & borrowed 61.66 crore & disburse in loan & advance 66.31 crore. Borrowings of bank increased by 61.05% from 38.29 crore to 61.66crore.
Mojor income of microfinance, net interest income is decreased by 2.56% to 25.15crore. Increased in staff expanses & interest expanses lead decreased net operating income. Operating income decreased by15.27%.
It’s paid up capital hike by 70%, reached to 96.05 crore. Its reserve remains 2.23crore, increased by 28%.
Non-performing loan decreased to 1.3%. Annualized earning per share is decreased by 38.95%. EPS stands at 15.55 from 25.48 in last year 2nd quarter.
Net worth per share stands at 123.38 & Price to earning stands at 100.28 times.
See Report of Kalika Microcredit Development Net profit fall by 53.27%
