Mahila Sahayatra Microfinance posts decent rise in major indicators as of the fourth quarter; net profit increases by 141% to Rs.2.74 Crore

Mahila Sahayatra Microfinance Bittiya Sanstha Limited (MSMBS) has reported increment in net profit of about 141% in the fourth quarter of the fiscal year 2075/76 compared to the corresponding quarter of the previous year.

According to the unaudited financial report for the fourth quarter published today, the microfinance company's net profit increased to Rs 2.74 Crore in the fourth quarter as compared to Rs 1.13 crore in the corresponding quarter of the last fiscal year 2074/75.

Its deposits have increased outstandingly to reach Rs 29.94 Crore in the fourth quarter of the fiscal year 2075/76 from Rs 15.46 Crore in the corresponding quarter of the previous fiscal year. It has floated loans of Rs 1.21 Arba in the fourth quarter of fiscal year 2075/76.

The borrowing of the microfinance has increased from Rs 55.21 Crore in the corresponding quarter of the previous year to Rs 75.28 Crore in the fourth quarter of the fiscal year 2075/76.

Its net interest income has also increased to Rs 8.09 Crore in the Q4 up from Rs 5.52 Crore compared to the corresponding quarter of the last fiscal year. The microfinance company has an operating profit of Rs 3.30 Crore in Q4 of the fiscal year 75/76.

MSMBS’s paid up capital stand at Rs 12.10 Crore and reserve and surplus is Rs 4.57 in fourth quarter of FY 2075/76.

It’s Earnings per Share (EPS) stands at Rs 22.68 and net worth per share stands at Rs 138. The PE Ratio was reported at 19.44 times.