Ganpati microfinance Bittiya Sanstha has published its first quarter report of Fy2075/76.
As per the published report, the microfinance has reported increased in net profit to Rs.49.39 lakh in this Q1 from the loss of Rs.50.07 lakh in the corresponding quarter of last fiscal year 2074/75.
It has deposit collection of Rs. 15.37 crore and borrowing of Rs.51.46 crore. It had extended in loan & advances of Rs. 62 crore.
Its net interest income increased to Rs 1.16 crore from Rs.34.17 lakh in the last corresponding quarter. It has operating profit of Rs.31.55 lakh.
Its paid up capital is Rs.7 crore with negative reserves fund of Rs.98.23 lakh.
Its non performing loan (NPL) stands at 1.37% from 0.16% in the last year. Its cost of fund is 10.99%.
