Nadep Laghubitta Bittiya Sanstha posted decrease in net profit by 32.74% in the fourth quarter of this fiscal year 2074/75.
As per the published report, the microfinance has reported decreased in net profit to Rs.4.72 crore in this Q4 from Rs.7.02 in the corresponding quarter of last fiscal year 2073/74.
It has borrowing of Rs. 2.03 arba & deposit of Rs. 83.69 crore. It had extended in loan & advances of Rs. 2.93 arba. Deposit increased by 25.92% & loan & advances increased by 41.65%.
Its net interest income decreased to Rs 22.17 crore from Rs.23.58 crore in the last corresponding quarter. Operating profit decreased to Rs.6.85 crore from 11.79 crore in comparing period. Operating profit declined by 41.92%.
Its paid up capital is Rs.16 crore with reserves fund of Rs.15.83 crore.
Its non performing loan stands at 3.31% from 2.98% from the last year. Cost of fund is 9.48%.
Earning per share is Rs.29.55 & Net worth per share is Rs.198.97.
