Mahuli Samudayik Laghubitta Bittiya Sanstha Limited (MSLB) has posted slight growth in net profit by 7.10 % to Rs 77.64 lakh in the first quarter (Q1) of fiscal year 2074/75.
Publishing the unaudited financial report for the first quarter today, the microfinance institution has stated that its operating profit decreased to Rs 1.00 crore in Q1 from Rs 1.15 crore in the corresponding quarter of the last fiscal year.
The micro finance institution’s borrowing remains to be Rs 52.72 crore and has collected Rs 62.59 crore in deposits.
Likewise, it has extended loans and advances of Rs 1.27 arba in Q1 of FY 2074/75 whereas in the same period last year the figure stood at Rs. 1.00 arba.
It has a paid up capital of Rs 6 crore (including 50% bonus shares) and has Rs 14.27 crore in reserve and surplus. It had announced 50 % bonus from the net profit of FY 2073/74 and 50% right shares to its shareholders. After bonus and right shares, its paid up capital will reach to Rs 9 crore.
Its non- performing loan (NPL) increased to 1.74 % in Q1 from 0.48 % in the first quarter of the last fiscal year.
MSLB’s earning per share (EPS) has decreased to Rs 51.76 in Q1 from Rs 103.56 previous year. Its net worth per share stands at Rs 337.84 and P/E ratio at 90.56 times.
Major Highlights:
| Particulars (In Rs '000) |
Mahuli Laghubitta |
| Q1 2074/75 |
Q1 2073/74 |
Difference |
| Paid Up Capital |
60,000 |
28,000 |
114.29% |
| Reserve & Surplus |
142,706 |
102,537 |
39.18% |
| Deposits |
625,957 |
507,282 |
23.39% |
| Borrowings |
527,229 |
476,460 |
10.66% |
| Loans & Advances |
1,270,006 |
1,002,292 |
26.71% |
| Net Interest Income |
32,881 |
31,965 |
2.87% |
| Provision for possible losses |
2,513 |
801 |
213.73% |
| Operating Profit |
10,026 |
11,505 |
-12.86% |
| Net Profit |
7,764 |
7,249 |
7.10% |
| NPL (%) |
1.74 |
0.48 |
262.50% |
| Annualized EPS (In Rs.) |
51.76 |
103.56 |
-50.02% |
| Net Worth per Share (In Rs.) |
337.84 |
466.20 |
-27.53% |
| P/E Ratio (In times) |
90.56 |
- |
- |
