Support microfinance Bittiya Sanstha has published second quarter report of FY 2075/76. It has reported increase in net profit by 68.15% in the comparing period.
As per the published report, it has reported increase in net profit to Rs.7.18 lakh in this Q2 of Fiscal year 2075/76 from Rs.4.27 lakh in the same period of fiscal year 2074/75.
It has collected deposit of Rs 10.19 crore & borrowing of Rs.42.39 crore. It has floated in loan & advances of Rs.47.43 crore in the second quarter. Deposit increased by 118.81%% & loan flow increased by 33.76%
Its net interest income increased to Rs.1.37 crore in Q2 from Rs.1.05 crore in the last corresponding quarter. Operating profit increased to Rs.11.28 lakh from Rs.6.71 lakh in the last year. Operating profit rose by 68.10% in the comparing period.
Its paid up capital is Rs.6 crore with reserves of Rs.41.17 lakh.
Its non performing loan stands at 3.53 from 1.53% in the last year. Its cost of fund stands at 10.76%.
Annualized earning per share is Rs.2.39, Net worth per share is Rs.110.48 and PE ratio stands at 268.62 times.
