Kalika Microcredit aces with 81.17% net profit in Q4
Wed, Aug 19, 2015 12:00 AM on Others,
ShareSansar, August 19;
Syanja based Kalika Microcredit Development Bank Limited (KMDB) has reported massive gain in net profit of Rs 2.87 crore in Q4 up turning from 1.58 crore in the corresponding quarter of the previous fiscal year.
The company has stated an operating profit of Rs 3.31 crore in Q4 as per the unaudited financial report published today. Kalika’s net interest income has reached to Rs 4.54 crore double as compared to Rs 2.05 crore in the corresponding quarter of the previous fiscal year.
With Rs 35.72 crore in loan and advances, the company has mobilized Rs 13.26 crore in deposits.
Kalika Microcredit has a paid up capital of Rs 5 crore and reserve of Rs 4.15 crore. It has managed to write back Rs 1.19 crore in Q4.
However the NPL has dropped down to 0.45% to 0.68%.
Its EPS stands at Rs 57.42, net worth per share Rs 183.03 and P/E ratio stands at 20.86 times.Credit to Deposit ratio stands at 269.45%.
