Kisan Microfinance reported increase in net profit by 81.48% in Q4

0
340
kisan microfinance

Kisan Microfinance Bittiya Sanstha has published fourth quarter report of FY 2075/76. Net profit surged by 81.48% in comparing period.




As per the published report, it has reported surge in net profit to Rs.2.21 crore in this Q4 of Fiscal year 2075/76 from Rs.1.21 crore in the same period of fiscal year 2074/75.

It has borrowed Rs 97.33 crore in Q4 and collected deposit of Rs.37.23 crore. It had floated loan & advances of Rs.1.32 arba in this fourth quarter which was Rs 1.02 arba in Q4 of FY 2074/75.

Its net interest income increased to Rs.8.35 crore in Q4 from Rs.5.42 crore in the last corresponding quarter of FY 2074/75.

Likewise, Operating profit increased to Rs.2.71 from the operating profit of Rs.1.33 crore in the FY 2074/75

Its paid up capital is Rs.8.60 crore with reserves of Rs.3.60 crore.

Its non performing loan stands at 0.77%. Cost of fund stands at 12.26% and capital adequacy at 9.03%.

Annualized earning per share (EPS) stands at Rs 25.70, Net worth per share at Rs.141.88 and PE ratio at 32.30 times.