National Microfinance reported surge in net profit by 34% in Q1 – EPS at Rs.70.34

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National Microfianance bittitya Sanstha

National Microfinance Bittiya Sanstha has posted increased in net profit by 34.22% in the first quarter of this fiscal year 2075/76.

As per the published report, the microfinance has reported increased in net profit to Rs.2.65 crore in this Q1 from Rs.1.97 crore in the corresponding quarter of last fiscal year 2074/75.

It has borrowing of Rs.1.87 arba & deposit of Rs. 84.21 crore. It had extended in loan & advances of Rs. 2.63 arba. Deposit increased by 110% & loan & advances increased by 56.53%.

Its net interest income increased to Rs 5.34 crore from Rs.3.92 crore in the last corresponding quarter. It has operating profit of Rs.4.15 crore from Rs.3.09 crore. Operating  profit increased by 34.22%.

Its paid up capital is Rs.15.04 crore with reserves fund of Rs.14.93 crore.

Its non performing loan (NPL) stands at 1.26% from 0.80% from the last year. Its cost of fund is 10.62% and credit to deposit ratio is 237.105.

Annualized earning per share (EPS) stands at Rs.70.34, net worth per share stands at Rs.199.24 and PE ratio stands at 121.17 times.