Rural Microfinance Development Centre Limited (RMDC) has shown inclined in net profit by 29.47 percent in the second quarter (Q2) of the current fiscal year 2074/75.
Publishing the unaudited financial report for the second quarter today, the microfinance company stated that its net profit inclined to Rs 11.21 crore in the Q2 of current fiscal year 2074/75, up from Rs 8.66 crore in the corresponding period of the previous fiscal year 2073/74.
Its net interest income has also risen from Rs 18.15 crore in corresponding quarter to Rs 14.70 crore in the second quarter.
Its paid up capital remains at Rs 72.67 crore with reserve of Rs 1.28 arba in Q2.
The company has borrowings of Rs 5.24 arba in the second quarter, up from Rs 4.95 arba in the corresponding quarter. Likewise, it has extended loans and advances of Rs 6.14 arba in Q2 whereas in the same period last year the figure stood at Rs 5.33 arba.
Its non-performing loan (NPL) stands at 0.00024%.
Its annualized earning per share (EPS) stands at Rs 30.87, net worth per share at Rs 277.36 and the P/E ratio at 21 times.
Major Highlights:
| Particulars (In Rs '000) |
RMDC |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
726,726 |
692,120 |
5.00% |
| Reserve & Surplus |
1,288,906 |
1,190,703 |
8.25% |
| Deposits |
- |
- |
#DIV/0! |
| Borrowings |
5,244,618 |
4,954,713 |
5.85% |
| Loans & Advances |
6,143,820 |
5,338,166 |
15.09% |
| Net Interest Income |
181,547 |
147,022 |
23.48% |
| Provision for possible losses |
3,868 |
5,948 |
-34.97% |
| Operating Profit |
176,221 |
136,041 |
29.54% |
| Net Profit |
112,180 |
86,647 |
29.47% |
| NPL (%) |
0.00024 |
0.001 |
-76.00% |
| Annualized EPS (In Rs.) |
30.87 |
25.04 |
23.30% |
| Net Worth per Share (In Rs.) |
277.36 |
272.04 |
1.96% |
| P/E Ratio (In times) |
21 |
|
|
