Mahila Sahayatra registers marginal rise of 1.446% in the third quarter; Janautthan Laghubitta showcases decrease in the profit

Mahila Sahayatra Microfinance Bittiya Sanstha Limited (MSMBS) has reported meager increase in profit of 1.46% in the third quarter of the current fiscal year 2074/75.

According to the unaudited financial report for the third quarter published today, the microfinance has stated that its net profit increased to Rs 58.12 lakh in third quarter as compared to Rs 57.28 lakh in the corresponding quarter of the last fiscal year 2073/74.

Its deposits have increased outstandingly by 108.66% to reach Rs 12.96 crore in the third quarter of the current fiscal year 2074/75 from Rs 6.21 crore in the corresponding quarter of the previous fiscal year. It has floated loans of Rs 71.43 crore in the third quarter of current fiscal year 2074/75.

The borrowing of the microfinance has increased from Rs 32.30 crore in the corresponding quarter of the previous year to Rs 47.69 crore in the third quarter of the current fiscal year 2074/75.

Its net interest income has also increased to Rs 3.96 crore in the Q3 up from Rs 3.23 crore compared to the corresponding quarter of the last fiscal year. The microfinance company has an operating profit of Rs.46.37 lakh in Q3 of the ongoing fiscal year.

MSMBS’s paid up capital stand at Rs 12.10 crore and reserve and surplus is Rs 1.52 crore in third quarter of FY 2074/75.

It’s annualized Earnings per Share (EPS) stands at Rs 6.40, net worth per share stands is at Rs 112.64 and P/E ratio at 102.43 times.

Janautthan Samudayic Laghubitta Bikas Bank Limited (JSLBB) has reported decrease in profit of 6.66% in the third quarter of the current fiscal year 2074/75.

According to the unaudited financial report for the third quarter published today, the microfinance has stated that its net profit decreased to Rs  1.14 crore in third quarter as compared to Rs 1.22 crore in the corresponding quarter of the last fiscal year 2073/74.

Its deposits have increased outstandingly by 71.01% to reach Rs 21.02 crore in the third quarter of the current fiscal year 2074/75 from Rs 12.29 crore in the corresponding quarter of the previous fiscal year. It has floated loans of Rs 84.10 crore in the third quarter of current fiscal year 2074/75.

The borrowing of the microfinance has increased from Rs 40.69 crore in the corresponding quarter of the previous year to Rs 61.66 crore in the third quarter of the current fiscal year 2074/75.

Its net interest income has also increased to Rs 4.04 crore in the Q3 up from Rs 3.55 crore compared to the corresponding quarter of the last fiscal year. The microfinance company has an operating profit of Rs. 1.71 crore in Q3 of the ongoing fiscal year.

JSLBB’s paid up capital stand at Rs 2.88 crore and reserve and surplus is Rs 4.03 crore in third quarter of FY 2074/75.

It has issued 20% bonus shares and 100% right shares. Its paid up capital will reach to Rs 5.76 crore after adjustment of bonus and right shares.

It’s annualized Earnings per Share (EPS) stands at Rs 52.88, net worth per share stands is at Rs 239.98 and P/E ratio at 46.34 times.