Mero Microfinance Laghubitta Bittiya Sanstha has published fourth quarter report of FY 2075/76. Net profit surged by 76.94% in comparing period.
As per the published report, it has reported surge in net profit to Rs.16.76 crore in this Q4 of Fiscal year 2075/76 from Rs.9.47 crore in the same period of fiscal year 2074/75.
It has borrowed Rs 2.97 arba in Q4 and collected deposit of Rs.1.21. It had floated loan & advances of Rs.4.71 arba in this fourth quarter which was Rs. 3.38 arba in Q4 of FY 2074/75.
Its net interest income increased to Rs.36.98 crore in Q4 from Rs.23.87 crore in the last corresponding quarter of FY 2074/75.
Likewise, Operating profit increased to Rs.22.93 from the operating profit of Rs.14.85 crore in the FY 2074/75
Its paid up capital is Rs.65.78 crore with reserves of Rs.28.60 arba.
Its non performing loan stands at 1.20%. Cost of fund stands at 9.71% and capital adequacy at 19.70%.
Annualized earning per share (EPS) stands at Rs 25.48, Net worth per share at Rs.126.07 and PE ratio at 19.23 times.
