Mirmire laghubitta bittiya Sanstha has reported increased in net profit by 61.25% in the fourth quarter of this fiscal year 2074/75.
As per the published report, the microfinance has reported increased in net profit to Rs 3.04 crore in this Q4 from Rs.1.89 crore in the corresponding quarter of last fiscal year 2073/74.
It has borrowing of Rs.1.06 arba. It had extended in loan & advances of Rs.1.42 arba.
Net interest income has surged to Rs.7.93 crore from Rs.7.12 crore in the last corresponding quarter. Operating profit increased to Rs.3.67 crore from Rs.2.49 crore in the comparing period. Operating profit increased by 47.37%.
Its paid up capital is Rs.8.94 crore with reserve balance of Rs.6.59 crore.
Its non performing loan stands at 0.69%.
Annualized earning per share stands at Rs.51.70 & net worth per share is Rs.173.75. PE ratio stands at 29.52 times. Cost of fund at 11.96%.
Also read: RMDC posted net profit of Rs.25.73 crore with NPL 0.00 in Q4
