Support Microfinance reports net profit of Rs.6.76 lakh & Aarambha microifnance reports net loss of Rs.9.23 lakh

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Aarambh Microfinance Bittiya Sanstha

Support Microfinance Bittiya Sanstha has published first quarter report of FY 2075/76.

As per the published report, the microfinance has reported increased in net profit to Rs.6.76 lakh in this Q1 of Fiscal year 2075/76 from loss of Rs.31.36 lakh in the same period of last fiscal year 2074/75.

It has collected deposit of Rs.8.64 crore & borrowing of Rs.43.20 crore and floated in loan & advances of Rs.43.50 crore. Deposit increased by 143.18% & loan expansion increased by 46.92% in the comparing period.

Its net interest income increased to Rs.65.79 lakh in Q1 from Rs.48.46 lakh in the last corresponding quarter. Operating profit increased to Rs.10.62 lakh from operating loss of Rs.21.36 lakh in the last year.

Its paid up capital is Rs.6.00 crore with reserves of Rs.38.71 lakh.

Its non performing loan stands at 1.92% from 2.86% from the last year.

Annualized earning per share is Rs.1.13, Net worth per share is Rs.106.33 and PE ratio stands at 710.62 times.

 

Aarambha Microfinance Bittiya Sanstha has published first quarter report of FY 2075/76.

As per the published report, the microfinance has reported net loss of Rs.9.23 lakh in Q1 of FY 2075/76.

It has collected deposit of Rs.11.89 crore & borrowing of Rs.27.34 crore and floated in loan & advances of Rs.38.51 crore. Deposit increased by 112.23% & loan expansion increased by 14.87% in the comparing period.

Its net interest income increased to Rs.64.33 lakh in Q1 from Rs.51.20 lakh in the last corresponding quarter. It has Operating loss of Rs.9.23 lakh in Q1.

Its paid up capital is Rs.6.00 crore with negative reserves of Rs.44.95 lakh.

Its non performing loan stands at 2.88% from 1.23% from the last year.

Net worth per share is Rs.92.51 and negative EPS of Rs. 1.54.