NMB Laghubitta Bittiya Sanstha has published First quarter report of Fiscal Year 2076/77.
As per the published report, the microfinance company has reported surge in net profit to Rs.1.52 crore in this Q1 of Fiscal year 2075/76 from Rs.10.17 lakh in the same period of fiscal year 2075/76.
It has borrowed Rs 2.19 arba and collected deposit of Rs.1.18 arba in this period. It had floated loan & advances of Rs. 3.18 arba in this first quarter which was Rs.2.37 arba in Q1 of FY 2075/76. Loan expansion increased by 34.06% where deposit grown by 52.23%.
Its net interest income increased to Rs.5.99 crore in Q1 from Rs.4.40 crore in the last corresponding quarter of FY 2075/76.
Likewise, Operating profit increased to Rs.2.37 crore from the operating profit of Rs.15.13 crore in the FY 2074/75
Its paid up capital is Rs.16.20 crore with reserves of Rs.16.26 crore.
Its non performing loan (NPL) decreased to 2.27% from 2.72%. Cost of fund stands at 10.12% and capital adequacy at 9.41%.
Annualized earning per share (EPS) stands at Rs 37.74, Net worth per share at Rs.200.39 and PE ratio at 28.54 times.
