Infinity microfinance Bittiya Sanstha has reported net profit of Rs.66.42 lakh in first quarter of Fy2075/76.
As per the published report, the microfinance has reported increased in net profit to Rs.66.42 lakh in this Q1 from the loss of Rs.10.97 lakh in the corresponding quarter of last fiscal year 2074/75.
It has deposit collection of Rs. 32.57 crore and borrowing of Rs.72.25 crore. It had extended in loan & advances of Rs. 1.03 arba. Deposit increased by 546.25% & loan & advances increased by 219.52%.
Its net interest income increased to Rs 1.82 crore from Rs.27.04 lakh in the last corresponding quarter. It has operating profit of Rs.1.04 crore.
Its paid up capital is Rs.14 crore with reserves fund of Rs.1.19 crore.
Its non performing loan (NPL) stands at 0.65%.
Annualized earning per share (EPS) stands at Rs.18.98, net worth per share at Rs.108.56.
It is going to float IPO worth Rs. 6 crore. After IPO issuance its paid up capital will reach to Rs.20 crore.
