RMDC laghubitta Bittiya Sanstha has published first quarter report of FY 2075/76. It has reported surge in net profit by 22.85% in Q1.
As per the published report, the microfinance has reported increased in net profit to Rs.7.09 crore in this Q1 of Fiscal year 2075/76 from Rs.5.77 crore in the same period of last fiscal year 2074/75.
It has borrowing of Rs.5.90 arba and floated in loan & advances of Rs.7.14 arba. Loan disbursement increased by 19.03% in comparing period.
Its net interest income increased to Rs.11.37 crore in Q1 from Rs.9.46 crore in the last corresponding quarter. Operating profit increased to Rs. 11.15 crore from Rs.9.07 crore in the last year. Operating profit grown by 22.85% in the comparing period.
Its paid up capital is Rs.79.93 crore with reserves of Rs.1.35 arba.
Its non performing loan stands at 0.0042% and cost of fund at 9.065.
Annualized earning per share is Rs.35.51. Net worth per share is Rs.269.85. PE ratio stands at 18.39 times.
Also read: Nirdhan Utthan laghubitta has earned 15.07 crore in Q1 of FY2075/76
