Infinity Microfinance publishes Q2 report; net profit surged to Rs 12.38 lakhs
Thu, Jan 25, 2018 7:33 AM on Latest, Financial Analysis, Featured, Stock Market,
Infinity Microfinance Bittiya Sanstha Limited has reported net profit of Rs 12.38 lakh in the second quarter (Q2) of the FY 2074/75.
As per the unaudited report published today, net interest income surges to Rs 91.16 lakh leading its operating profit to be Rs 19.45 lakh.
Its paid up capital stands at Rs 7 crore. Its reserve fund is negative at Rs 47.66 lakh.
The microfinance has borrowing of Rs 40.87 crore.
Its capital adequacy ratio (CAR) stands at 14.13% whereas cost of funds at 10.14%.
