Infinity Microfinance last quarter report shows huge improvements; Reports Rs 1.14 crore net profit in the fourth quarter

Sun, Jul 22, 2018 12:55 AM on Financial Analysis, Latest, Stock Market,

Infinity Microfinance Bittiya Sanstha Limited (IMBSL) has reported net profit of Rs 1.14 crore in the last quarter (Q4) of the FY 2074/75.

As per the unaudited report published today, net interest income of the microfinance has surged to Rs 3.38 crore leading its operating profit to be Rs 1.51 crore.

Its paid up capital stands at Rs 14 crore with reserve and surplus standing at Rs 54.47 lakh. The microfinance has borrowing of Rs 63.47 crore while it has collected deposit of Rs 25.07 crore. It has floated loans and advances amounting to Rs 81.64 crore.

Its annualized EPS stands at Rs 8.16 and Net worth per share stands at Rs 103.89.

Highlights:

Particulars (In Rs '000)

IMBSL

Q4 2074/75

Q4 2073/74

Difference

Paid Up Capital

140,000

70,000

100.00%

Reserve & Surplus

5,447

(5,974)

-

Deposits

250,736

27,481

812.40%

Borrowings

634,752

107,503

490.45%

Loans & Advances

816,431

150,792

441.43%

Net Interest Income

33,838

4,964

581.67%

Provision for possible losses

6,930

1,523

355.02%

Operating Profit

15,132

(5,834)

-

Net Profit

11,422

(5,974)

-

NPL (%)

0.92

0.47

95.74%

Annualized EPS (In Rs.)

8.16

(8.53)

-195.60%

Net Worth per Share (In Rs.)

103.89

91.47

13.58%