RMDC registers profit of Rs. 14.68 crore; EPS stand at Rs. 36.73 with Net worth per share of Rs. 279.18 in Quarter 2 of FY 2075/76
Wed, Jan 30, 2019 1:43 PM on Financial Analysis, Latest, Stock Market,
Rural Microfinance Development Centre (RMDC) has published an unaudited financial report of the second quarter for the FY 2075/76 today. It has stated that net profit has increased to Rs 14.68 crore till this month (Poush) from Rs 11.21 crore reported in the corresponding quarter of the previous fiscal year 2074/75.
The microfinance has increased borrowings of Rs 6.18 arba. Likewise, it extended loans of Rs 7.44 arba from Rs. 6.14 arba in the Q2 of FY 2074/75. It has paid up capital of Rs 79.94 crore with rise in reserve to Rs 1.43 arba in this quarter.
RMDC’s net interest income has increased from Rs. 18.15 crore in the corresponding quarter of last year to Rs. 23.37 crore in the second quarter of fiscal year 2075/76. Its operating profit has risen to Rs 23.11 crore in Q2, from Rs. 17.62 crore in the corresponding quarter.
Currently, EPS and Net worth per share stood at Rs. 36.73 and Rs. 279.18 respectively with P/E ratio at 14.84 times.
Major Highlights:
|
Particulars (In Rs '000) |
RMDC |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
799,399 |
726,726 |
10.00% |
|
Reserve & Surplus |
1,432,351 |
1,288,906 |
11.13% |
|
Deposits |
- |
- |
- |
|
Borrowings |
6,182,235 |
5,244,619 |
17.88% |
|
Loans & Advances |
7,439,800 |
6,143,820 |
21.09% |
|
Net Interest Income |
233,736 |
181,547 |
28.75% |
|
Provision for possible losses |
5,990 |
3,868 |
54.84% |
|
Operating Profit |
231,185 |
176,221 |
31.19% |
|
Net Profit |
146,829 |
112,180 |
30.89% |
|
NPL (%) |
0 |
0.00024 |
-100.00% |
|
Annualized EPS (In Rs.) |
36.73 |
30.87 |
18.99% |
|
Net Worth per Share (In Rs.) |
279.18 |
277.36 |
0.66% |
|
P/E Ratio (in times) |
14.84 |
||
