Mahila Sahayatra Microfinance reports 18% fall in net profit till Q2 of 2076/77; Net worth per share at Rs 137
Wed, Feb 12, 2020 11:50 AM on Financial Analysis, Latest, Stock Market,
Mahila Sahayatra Microfinance Bittiya Sanstha Limited (MSMBS) has reported decrement in net profit of about 18.57% in the second quarter of the fiscal year 2076/77 compared to the corresponding quarter of the previous year.
According to the unaudited financial report for the second quarter published today, the microfinance company's net profit decreased to Rs 1.02 Crore in the second quarter as compared to Rs 1.25 crore in the corresponding quarter of the last fiscal year 2075/76.
Its deposits have increased outstandingly to reach Rs 35.78 Crore in the second quarter of the fiscal year 2076/77 from Rs 23.05 Crore in the corresponding quarter of the previous fiscal year. It has floated loans of Rs 1.29 Arba in the second quarter of fiscal year 2076/77.
The borrowing of the microfinance has increased from Rs 65.73 Crore in the corresponding quarter of the previous year to Rs 82.40 Crore in the second quarter of the fiscal year 2076/77.
Its net interest income has also increased to Rs 4.80 Crore in the Q2 up from Rs 3.67 Crore compared to the corresponding quarter of the last fiscal year. The microfinance company has an operating profit of Rs 72.30 lakh in Q2 of the fiscal year 2076/77.
MSMBS’s paid up capital stand at Rs 13.31 Crore and reserve and surplus is Rs 3.30 in second quarter of FY 2076/77.
It’s annualized earnings per Share (EPS) stands at Rs 15.36 and net worth per share stands at Rs 137. The PE Ratio was reported at 42.09 times.
