Womi Laghubitta Bittiya Sanstha has published fourth quarter report of FY 2075/76. Net profit increased by 55.86% in comparing period.
As per the published report, the microfinance company has reported surge in net profit to Rs.6.27 crore in this Q4 of Fiscal year 2075/76 from Rs.4.02 crore in the same period of fiscal year 2074/75.
It has borrowed Rs 1.01 arba and collected deposit of Rs.61.93 crore in this Q4. It had floated loan & advances of Rs.1.84 arba in this fourth quarter which was 1.21 arba in Q4 of FY 2074/75. Loan expansion increased by 51.74% where deposit grown by 44.21%.
Its net interest income increased to Rs.12.84 crore in Q4 from Rs.8.42 crore in the last corresponding quarter of FY 2074/75.
Likewise, Operating profit increased to Rs.9.59 crore from the operating profit of Rs.6.06 crore in the FY 2074/75
Its paid up capital is Rs.10.10 crore with reserves of Rs.14.42 crore. Reserved increased by 250.62% in the comparing period. Womi to float 100% right shares from 09 Shrawan 2076. It has also received approval from Nepal Rastra Bank to merge with Nagarik Laghubitta Bittiya Sanstha.
Its non performing loan (NPL) decline to 0.54% from 0.65%. Cost of fund stands at 10.81% and capital adequacy at 13.67%.
Annualized earning per share (EPS) stands at Rs 62.08, Net worth per share at Rs.242.66 and PE ratio at 18.17 times.
