Aarambha Microfinance's annualized EPS at Q2 reaches Rs 25.43; Net profit of Rs 81.93 lakhs earned

Aarambha Microfinance Bittiya Sanstha Limited (AMFI) has published its Q2 report of the fiscal year 2076/77 reporting a net profit of Rs.81.93 Lakhs. The profit of the company in Q2 2076/77 has increased decently compared to net profit of Rs.22.05 Lakhs in the corresponding quarter of the previous year.

The borrowings of the company has increased to Rs.42.45 Crore from Rs.26.81 Crore in Q2 2075/76. The microfinance company collected deposits of Rs.18.39 Crore and has floated loans of Rs.61.60 Crore in the Q2 2076/77.

The net interest income of the company has grown from Rs.1.46 crore to Rs.2.39 Crore till the second quarter. Operating profit has surged to Rs.1.28 crore in the review period.

The Paid-Up capital and reserve of AMFI stands at Rs.6.44 Crore and Rs.1.73 Crore respectively.

The annualized EPS and net worth per share stood at Rs.25.43 and Rs.126.94 respectively in Q2 2076/77. P/E ratio according to the report is 20.79 times.

Second Quarter Report