Jana Sewi laghubitta Bittiya Sanstha has published first quarter report of FY 2075/76.
As per the published report, the microfinance has reported net profit to Rs.20.73 lakh in this Q1 of Fiscal year 2075/76 from Rs.1.64 lakh in the same period of last fiscal year 2074/75.
It has collected deposit of Rs.13.90 crore & borrowing of Rs.31.74 corre & floated in loan & advances of Rs.48.68 crore. Deposit increased by 125.82% & loan expansion increased by 60.46% in the comparing period.
Its net interest income increased to Rs.89.87 lakh in Q1 from Rs.56.12 lakh in the last corresponding quarter. Operating profit surged to Rs.32.58 lakh from Rs.2.58 lakh in last year.
Its paid up capital is Rs.9.8 crore with reserves of Rs.75.99 lakh. It is going to float IPO worth 4.20 crore for public. It had appointed NMB Capital Ltd as issue manager.
Its non performing loan stands at 1.22% from 0.25% from the last year and cost of fund is 10.43%.
Annualized earning per share (EPS) stand at Rs.8.46.
