Support Microfinance Bittiya Sanstha has published third quarter report of FY 2075/76.
As per the published report, it has reported surge in net profit to Rs.20.70 lakh in this Q3 of Fiscal year 2075/76 from loss of Rs.19.95 lakh in the same period of fiscal year 2074/75.
It has borrowed Rs 39.64 crore and deposit of Rs.11.85 crore in Q3. It had floated loan & advances of Rs.54.17 crore in this third quarter. Deposit collection increased by 29.55% and loan disbursement increased by 38.42%.
Its net interest income increased to Rs.2.18 crore in Q3 from Rs.1.67 crore in the last corresponding quarter of FY 2074/75.
Operating profit increased to Rs.32.53 lakh from the operating loss of Rs. 19.95 lakh in the last year.
Its paid up capital is Rs.6.00 crore with reserves of Rs.55.24 lakh.
Its non performing loan stands at 2.86% from 2.39%. Cost of fund 10.7% and capital adequacy at 11.74%.
Annualized earning per share (EPS) stands at Rs 4.60, Net worth per share at Rs.109.21 and PE ratio at 128.24 times.
