Support Microfinance Bittiya Sanstha has posted decreased in net profit by 52.79% in the fourth quarter of this fiscal year 2074/75.
As per the published report, the microfinance has reported decline in net profit to Rs.22.68 lakh in this Q4 from Rs.48.04 lakh in the corresponding quarter of last fiscal year 2073/74.
It has borrowing of Rs. 30.98 crore & deposit of Rs. 7.04 crore. It had extended in loan & advances of Rs. 39.79 crore. Deposit increased by 136.65%.
Its net interest income rose to Rs 2.55 crore from Rs.2.26 crore in the last corresponding quarter. Operating profit decreased by 38.47% to Rs.35.64 lakh from Rs.57.92 lakh in the comparing period.
Its paid up capital is Rs.6 crore with reserves fund of Rs.9.27 lakh.
Its non performing loan stands at 1.79% from 0.82% from the last yea. Cost of fund is Rs.11.52%.
Annualized earning per share is Rs.3.78. Net worth per share is Rs.101.55. PE ratio stands at 216.14 times.
Also Read: aarambha microfinance has reported increased in net profit by 225%
