Mirmire Laghubitta posted increased in net profit by 69.50%

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Mirmire laghubitta bittiya Sanstha

Mirmire Laghubitta Bittiya Sanstha has published third quarter report of FY 2075/76. Net profit surged by 69.50% in comparing period.

As per the published report, it has reported surge in net profit to Rs.3.59 crore in this Q3 of Fiscal year 2075/76 from Rs.2.12 crore in the same period of fiscal year 2074/75.


It has borrowed Rs1.62 arba and deposit of Rs.68.04 crore in Q3. It had floated loan & advances of Rs.2.40 arba in the third quarter. Deposit collection increased by 99.24% and loan disbursement increased by 93.69%.

Its net interest income increased to Rs.8.83 crore in Q3 from Rs.5.92 crore in the last corresponding quarter of FY 2074/75.

Operating profit increase to Rs.4.71 crore from of Rs.2.67 crore in the last year. Operating profit increased by 76.44%.

Its paid up capital is Rs.13.11 crore with reserves of Rs.7.08 crore.

Its non performing loan stands at 0.57% from 0.97%. Cost of fund 11.50%.

Annualized earning per share (EPS) stands at Rs 36.54 which was Rs. 62.86 in the q3 of last year, Net worth per share at Rs.154.03 and PE ratio at 24.79 times.