Mirmire Microfinance & Nepal Grameen Bikas Bank EPS stands at Rs 46.49 & Rs 12.96 respectively

Mirmire Microfinance Development Bank Limited (MMFDB) has posted rise in net profit by 66.58 percent in the first quarter (Q1) of the fiscal year 2074/75. As per the unaudited quarterly report for the first quarter published today, it has net profit of Rs 52.29 lakh in the Q1 of fiscal year 2074/75, up from Rs. 31.39 lakh in the corresponding quarter of fiscal year 2073/74. It has a paid up capital of 4.50 crores with 2.10 crore in reserve. After recently announced 100% right shares, its paid up capital will reach Rs 9 crore. It has borrowings of Rs. 73.99 crore and loans of Rs 1.01 arba in the first quarter of 2074/75 while its borrowings and loan was Rs 39.47 crore and Rs 51.64 crore respectively in the corresponding quarter of fiscal year 2073/74. Its annualized EPS stands at Rs. 46.49 in Q1. Likewise, its net worth per share stands at Rs.146.80  and P/E ratio is 63.57 times. Nepal Grameen Bikas Bank Limited (NGBBL) has posted fall in net profit by 40.19 percent in the first quarter (Q1) of the fiscal year 2074/75. As per the unaudited quarterly report for the first quarter published today, it has net profit of Rs 1.80 crore in the Q1 of fiscal year 2074/75, up from Rs. 3.01 crore in the corresponding quarter of fiscal year 2073/74. It has a paid up capital of 55.75 crores with 19.13 crore in reserve. It has borrowings of Rs. 4.85 crore and loans of Rs 8.04 arba in the first quarter of 2074/75. Its annualized EPS stands at Rs. 12.96 in Q1. Likewise, its net worth per share stands at Rs.134.32 and P/E ratio is 54.78 times.