Aarambha Microfinance Bittiya Sanstha has published third quarter report of FY 2075/76. Net profit surged by 290.77% in comparing period.
As per the published report, it has reported surge in net profit to Rs.76.67 lakh in this Q3 of Fiscal year 2075/76 from Rs.19.62 lakh in the same period of fiscal year 2074/75.
It has borrowed Rs 30.18 crore and deposit of Rs.14.58 crore in Q3. It had floated loan & advances of Rs.45.73 crore in this third quarter. Deposit collection increased by 63.83% and loan disbursement increased by 24.14%.
Its net interest income increased to Rs.2.63 crore in Q3 from Rs.1.93 crore in the last corresponding quarter of FY 2074/75.
Operating profit increase to Rs.84.33 lakh from the operating loss of Rs.15.26 lakh in the last year
Its paid up capital is Rs.6.00 crore with reserves of Rs.51.75 lakh from negative reserve of Rs.33.97 lakh in last year.
Its non performing loan stands at 2.59% from 3.32%. Cost of fund 10.95% and capital adequacy at 13.73%.
Annualized earning per share (EPS) stands at Rs 12.77, Net worth per share at Rs.108.62 and PE ratio at 49.80 times.
