Manushi Laghubitta reports Rs 13.54 as net profit for Q1 2076/77; Operating loss at Rs 23.42 lakh
Wed, Nov 13, 2019 11:15 AM on Financial Analysis, Latest, Stock Market,
Manushi Laghubitta Bittiya Sanstha Limited has published the unaudited financial highlights for the end of the first quarter of the fiscal year 2076/77.
For the first quarter, the microfinance company posted a net profit of Rs.13.54 lakh. The operating loss of the company stands at Rs.23.42 lakh. The net interest income stands at Rs.1.95 Crore by the end of the first quarter.
Total deposits collected by the microfinance company is Rs.48.45 Crore and lent out loans worth Rs.79.98 Crore by the end of the first quarter. The non-performing loans stand at 2.51%.
The paid up capital of the company stands at Rs.7 Crore with reserves of Rs.2.78 Crore.
Major Highlights
| Particulars (In Rs '000) | Manushi Laghubitta |
|---|---|
| Q1 2076/77 | |
| Paid Up Capital | 70,000 |
| Reserve & Surplus | 27,891 |
| Deposits | 484,541 |
| Borrowings | 298,793 |
| Loans & Advances | 799,865 |
| Net Interest Income | 19,563 |
| Staff Expenses | 12,676 |
| Provision for possible losses | 8,647 |
| Operating Profit | -2,342 |
| Net Profit | 1,354 |
| Capital Adequacy (%) | 10.28 |
| NPL (%) | 2.51 |
| Cost of Fund (%) | 9.45 |
