First Microfinance Laghubitta Bittiya Sanstha has published third quarter report of FY 2075/76. It has reported increase in net profit by 25.76% in comparing period.
As per the published report, it has reported surge in net profit to Rs.9.18 crore in this Q3 of Fiscal year 2075/76 from Rs.7.30 crore in the same period of fiscal year 2074/75.
It has borrowing of Rs.4.75 arba and floated in loan & advances of Rs.5.18 arba in the third quarter.
Its net interest income increased to Rs.14.498 crore in Q3from Rs.12.03 crore in the last corresponding quarter of FY 2074/75. Operating profit rose to Rs.14.44 crore from Rs.11.48 crore in the last year. Operating profit increased by 25.75% in the comparing period.
Its paid up capital is Rs.68.43 crore with reserves of Rs.18.92 crore. Paid up capital increased by 20.54% & reserve by 30.99% in the comparing period.
Its non performing loan stands at 0%. Cost of fund stand at 10.69%.
Annualized earning per share is Rs 17.90, Net worth per share is Rs.127.65 and PE ratio stands at 21.39 times.
