Support Microfinance Bittiya Sanstha has published fourth quarter report of FY 2075/76. Net profit surged by 122.14% in comparing period.
As per the published report, it has reported surge in net profit to Rs.54.49 lakh in this Q4 of Fiscal year 2075/76 from Rs.24.53 lakh in the same period of fiscal year 2074/75.
It has borrowed Rs 51.20 crore in Q4 and collected deposit of Rs.13.74 crore from Rs.7.03 crore in last year. It had floated loan & advances of Rs.66.18 crore in this fourth quarter which was Rs 39.90 crore in Q4 of FY 2074/75.
Its net interest income increased to Rs.4.02crore in Q4 from Rs.2.55 crore in the last corresponding quarter of FY 2074/75.
Likewise, Operating profit increased to Rs.85.64 lakh from the operating profit of Rs.34.88 lakh in the FY 2074/75. It has book provision for possible losses of Rs.1.12 crore till Q4.
Its paid up capital is Rs.6.00 crore with reserves of Rs.89.04 lakh.
Its non performing loan stands at 1.36%. Cost of fund stands at 11.19% and capital adequacy at 9.89%.
Annualized earning per share (EPS) stands at Rs 9.08, Net worth per share at Rs.114.84 and PE ratio at 42.17 times.
