National microfinance has reported surge in net profit by 18.93% in Q4

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National Microfianance bittitya Sanstha

National microfinance Bittiya sanstha Limited has posted surge in net profit by 18.93 percent 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.8.57crore in this Q4 from Rs.7.21 crore in the corresponding quarter of last fiscal year 2073/74.

It has borrowing of Rs.1.68 arba & deposit collection of Rs.74.58 crore in the Q4. The company has extended Rs.2.41 arba in loan & advances.

Its net interest income rose to Rs.17.23 crore from Rs.14.01 crore in the last corresponding quarter. Operating profit increased by 18.93% to Rs.13.47 crore from 11.33 crore in the last year.

Its paid up capital is Rs.12.03 crore with reserves of Rs.17.10. Reserve surged by 42.21% in the Q4.

Its non performing loan stands at 0.92 percent from 0.47 percent from the last year.

Annualized earning per share is Rs.71.26 & net worth per share is Rs.242.08. PE ratio stands at 31.84 times.