Forward Community Microfinance Bittiya Sanstha has published second quarter report of FY 2075/76. It has reported increase in net profit by 6.65% in the comparing period.
As per the published report, it has reported increase in net profit to Rs.15.51 crore in this Q2 of Fiscal year 2075/76 from Rs.14.54 crore in the same period of fiscal year 2074/75.
It has collected deposit of Rs.3.61 arba & borrowing of Rs.4.41 arba. It has floated in loan & advances of Rs.8.67 arba in the second quarter. Deposit increased by 30.50% & loan flow increase by 33.52%.
Its net interest income increased to Rs.37.84 crore in Q2 from Rs.31.05 crore in the last corresponding quarter. Operating profit increased to Rs.24.37 crore from Rs.22.85 crore in the last year.
Its paid up capital is Rs.30.01 crore with reserves of Rs.88.23 crore
Its non performing loan stands at 0.66 from 0.67% in the last year. Its cost of fund stands at 9.61%.
Annualized earning per share is Rs.103.36, Net worth per share is Rs.393.96 and PE ratio stands at 14.31 times.
