Samudayik laghubitta Bittiya Sanstha has published first quarter report of FY 2075/76. It has reported increase in net profit by 40.67% in Q1.
As per the published report, the microfinance has reported increased in net profit to Rs.40.43 lakh in this Q1 of Fiscal year 2075/76 from Rs.28.74 lakh in the same period of last fiscal year 2074/75.
It will be floating IPO from 2 Mangisr 2075 for general public.
It has collected deposit of Rs.27.73 crore & borrowing of Rs.37.35 crore & floated in loan & advances of Rs.80.10 crore. Deposit increased by 33.28% & loan expansion increased by 28.05% in the comparing period.
Its net interest income increased to Rs.1.61 crore in Q1 from Rs.1.50 crore in the last corresponding quarter. Operating profit increased to Rs 64.54 lakh from Rs.45.17 lakh in the last year. Operating profit grown by 40.67% in the comparing period.
Its paid up capital is Rs.7.00 crore with reserves of Rs.3.79 crore.
Its non performing loan stands at 1.23% from 1.17% from the last year. Annualized earning per share is Rs.23.10 and Net worth per share is Rs.154.20.
