Infinity Microfinance profit surges to Rs 69.82 lakh; Financial statement shows positive signs
Wed, Apr 18, 2018 1:06 AM on Financial Analysis, Latest, Stock Market,
Infinity Microfinance Bittiya Sanstha Limited (IMBSL) has reported net profit of Rs 69.82 lakh in the third quarter (Q3) of the FY 2074/75.
As per the unaudited report published today, net interest income has surged to Rs 1.90 crore leading its operating profit to be Rs 81.56 lakh.
Its paid up capital stands at Rs 7 crore with reserve and surplus standing at Rs 10 lakh. The microfinance has borrowing of Rs 59.67 crore while it has collected deposit of Rs 18.63 crore.It has floated loans and advances amounting to Rs 78.14 crore.
Its annualized EPS stands at Rs 13.30 and Net worth per share stands at Rs 101.43
Highlights:
|
Particulars (In Rs '000) |
IMBSL |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
70,000 |
70,000 |
0.00% |
|
Reserve & Surplus |
1,000 |
(3,903) |
- |
|
Deposits |
186,398 |
9,104 |
1947.43% |
|
Borrowings |
596,736 |
20,000 |
2883.68% |
|
Loans & Advances |
781,456 |
69,642 |
1022.10% |
|
Net Interest Income |
19,049 |
1,732 |
999.83% |
|
Provision for possible losses |
6,533 |
703 |
829.30% |
|
Operating Profit |
8,156 |
(3,714) |
- |
|
Net Profit |
6,982 |
(3,714) |
- |
|
NPL (%) |
0.09 |
0 |
- |
|
Annualized EPS (In Rs.) |
13.30 |
(7.07) |
- |
|
Net Worth per Share (In Rs.) |
101.43 |
94.42 |
7.42% |
