Kisan Microfinance Bittiya Sanstha has published third quarter report of FY 2075/76. Net profit surged by 109.64% in comparing period.
As per the published report, it has reported surge in net profit to Rs.1.32 crore in this Q3 of Fiscal year 2075/76 from Rs.63.32 lakh in the same period of fiscal year 2074/75.
It has borrowed Rs 98.64 crore and deposit of Rs.34.45 crore in Q3. It had floated loan & advances of Rs.1.39 arba in the third quarter. Deposit collection increased by 47.44% and loan disbursement increased by 44.15%.
Its net interest income increased to Rs.5.49 crore in Q3 from Rs.3.64 crore in the last corresponding quarter of FY 2074/75.
Operating profit increase to Rs.1.85 crore from of Rs.78.12 lakh in the last year. Operating profit increased by 137.07%.
Its paid up capital is Rs.8.97 crore with reserves of Rs.2.34 crore. Paid up capital rose by 124.49%.
Its non performing loan stands at 1.37% from 2.48%. Cost of fund 9.12% and capital adequacy at 8.01%.
Annualized earning per share (EPS) stands at Rs 19.71 which was Rs. 21.11 in the q3 of last year, Net worth per share at Rs.126.06 and PE ratio at 42.16 times.
