First Microfinance Laghubitta Posts Rs. 1.77 Crore Net Profit in Q1 FY 2083/84; Net Interest Income Rises 7.33%
Thu, Oct 29, 2026 12:04 PM on Financial Analysis, Highlight News,
First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has reported a net profit of Rs. 1.77 crore in the first quarter of FY 2083/84, marking a 5.57% increase compared to Rs. 1.68 crore recorded in the corresponding quarter of the previous fiscal year. The growth in profit was supported by higher net interest income and operating profit during the quarter.
The company’s net interest income increased by 7.33% to Rs. 16.86 crore from Rs. 15.70 crore in the same quarter last year. Operating profit also grew by 5.57% to Rs. 2.54 crore from Rs. 2.41 crore. Meanwhile, impairment charges stood at Rs. 67.41 lakh, compared to a negative impairment charge of Rs. 75.29 lakh in the corresponding quarter last year. Borrowings declined by 16.10% to Rs. 3.16 arba, while loans and advances to microfinance institutions and cooperatives decreased marginally by 0.33% to Rs. 4.68 arba.
First Microfinance’s capital adequacy ratio improved to 36.91%, up from 30.66% in the previous year, indicating a stronger capital position. The company’s non-performing loan (NPL) ratio improved to 0.00% from 0.24%, while the cost of funds declined by 17.76% to 4.63% from 5.63%. Retained earnings increased by 4.66% to Rs. 16.19 crore, while reserves rose by 2.95% to Rs. 36.91 crore.
The company’s earnings per share (EPS) stood at Rs. 5.29, up from Rs. 5.01, while net worth per share increased to Rs. 139.49 from Rs. 138.16. Distributable profit after profit/loss appropriation and regulatory adjustments stood at Rs. 1.90 crore, compared to Rs. 11.57 crore in the corresponding quarter of the previous fiscal year.
At the end of Q1 FY 2083/84, First Microfinance’s market price stood at Rs. 722, with a quarter-end price-to-earnings (P/E) ratio of 136.55 times.
Major Financial Highlights:
* Figures are of the Immediate Previous Year Quarter Ending
| Particulars (In Rs '000) | First Microfinance Laghubitta | ||
| Q1 2083/84 | Q1 2082/83 | Difference | |
| Paid Up Capital | 1,344,871.32 | 1,344,871.32* | 0.00% |
| Share Premium | 0.00 | 0.00 | |
| Retained Earnings | 161,893.18 | 154,682.84* | 4.66% |
| Reserves | 369,143.91 | 358,576.35* | 2.95% |
| Borrowings | 3,155,077.83 | 3,760,426.93* | -16.10% |
| Loans & Advances to MFIs & Cooperatives | 4,679,774.82 | 4,695,198.28* | -0.33% |
| Net Interest Income | 168,563.19 | 157,048.85 | 7.33% |
| Personnel Expenses | -9,752.72 | 9,808.72 | -199.43% |
| Impairment Charges | 6,741.31 | -7,528.96 | -189.54% |
| Operating Profit | 25,396.99 | 24,057.90 | 5.57% |
| Net Profit | 17,777.89 | 16,840.53 | 5.57% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 19,014.10 | 115,722.53 | - |
| Capital Adequacy (%) | 36.91 | 30.66 | 20.38% |
| NPL (%) | 0.00 | 0.24 | |
| Cost of Fund (%) | 4.63 | 5.63 | -17.76% |
| EPS (In Rs.) | 5.29 | 5.01 | 5.57% |
| Net Worth per Share (In Rs.) | 139.49 | 138.16 | 0.96% |
| Qtr end PE Ratio (times) | 136.55 | - | - |
| Qtr End Market Price | 722 | - | - |
