Unnati Microfinance reports increased in net profit by 75.08% in Q3

0
360
Unnati Microfinance Bittiya Sanstha

Unnati Microfinance Bittiya Sanstha has published third quarter report of FY 2075/76. Net profit surged by 75.08% in comparing period.

As per the published report, it has reported surge in net profit to Rs.3.16 crore in this Q3 of Fiscal year 2075/76 from Rs.1.80 crore in the same period of fiscal year 2074/75.



It has borrowed Rs 1.07 arba and deposit of Rs.50.29 crore in Q3. It had floated loan & advances of Rs.1.37 arba in this third quarter. Deposit collection increased by 78.28% and loan disbursement increased by 56.42%.

Its net interest income increased to Rs.5.83 crore in Q3 from Rs.4.66 crore in the last corresponding quarter of FY 2074/75.

Operating profit increased to Rs.4.92 crore from the operating profit of Rs.2.81 crore in the last year. Operating profit increased by 75.23%.



Its paid up capital is Rs.7.72 crore with reserves of Rs.3.97 crore.

Its non performing loan stands at 1.03% from 0.36%. Cost of fund 10.04% and capital adequacy at 8.68% which insufficient capital in the company.

Annualized earning per share (EPS) stands at Rs 54.66, Net worth per share at Rs.151.39 and PE ratio at 20.51 times.