Kisan Microfinance posts decent growth in all major indicators till end of Q4; net profit grows to Rs.2.21 Crore

Kisan Microfinance Bittiya Sanstha Limited (KMFL) has shown satisfactory rise in all major indicators in the fourth quarter (Q4) of the fiscal year 2075/76.

Publishing the unaudited financial report for the fourth quarter, the microfinance company stated that its net profit increased to Rs 2.21 crore in the Q4 of fiscal year 2075/76, up from Rs 1.21 crore in the corresponding period of the previous fiscal year 2074/75.

Its net interest income has also increased from Rs 5.42 crore in corresponding quarter to Rs 8.35 crore in the fourth quarter.

Its paid up capital remains at Rs 8.60 crore with reserve of Rs 3.60 crore till Q4.

The company has borrowings of Rs 97.33 crore till the fourth quarter, up from Rs 77.49 crore in the corresponding quarter. Likewise, it has extended loans and advances of Rs 1.32 arba till Q4 whereas in the same period last year the figure stood at Rs 1.02 arba.

Its annualized earning per share (EPS) stands at Rs 25.70 and net worth per share at Rs 141.88. The PE ratio as per the financial report stands at 32.30 times.