Net profits of Manushi Laghubitta increases to Rs.1.27 Crore by the end of fourth quarter; net interest income stands at Rs.5.87 Crore

Manushi Laghubitta Bittiya Sanstha Limited has published the unaudited financial highlights for the end of the fourth quarter of the fiscal year 75/76.

For the fourth quarter, the microfinance company posted a net profit of Rs.1.27 Crore, up from Rs.97.12 Lakhs posted in the previous quarter of the current fiscal year. The operating profits of the company stands at Rs.1.53 Crore.

The net interest income stands at Rs.5.87 Crore by the end of the fourth quarter. This figure stood at Rs.3.61 Crore in the previous quarter.

Total deposits collected by the microfinance company is Rs.46.35 Crore and lent out loans worth Rs.81.85 Crore by the end of the fourth quarter. The non-performing loans stand at 1.38%, which remains unchanged compared the previous quarter.

The paid up capital of the company stands at Rs.7 Crore with reserves of Rs.4.12 Crore.