Rural Microfinance Development Centre Limited (RMDC) has reported a profit rise of 15.78 percent in the third quarter of the fiscal year 2073/74.
Publishing the unaudited financial report for the third quarter today, the microfinance company has posted that its net profit rose to Rs 14.32 crore in Q3, up from Rs 12.37 crore as compared in the corresponding quarter of the previous fiscal year 2072/73.
The microfinance has borrowings of Rs 5.02 arba in Q3 compared to Rs 4.68 arba in the corresponding quarter last year. Likewise, it disbursed loans of Rs 5.70 arba in Q3 this year, up from Rs 4.54 arba last year.
Rural Mirofinance’s net interest income has risen from Rs 20.03 crore to Rs 23.57 crore in the third quarter of 2073/74. It has posted an operating profit of Rs 22.50 crore in Q3.
RMDC has a paid up capital of Rs 69.21 crore and has Rs 1.24 arba in reserve and surplus. Its non-performing loan remains zero.
Its EPS (annualized) now stands at Rs 27.59, net worth per share at Rs 280.21, and P/E ratio at 31.6 times.
| Indicators (Rs in "000") |
FY 2073/74 Q3 |
FY 2072/73 Q3 |
Difference (%) |
| Paid Up Capital |
692,120 |
629,200 |
10.00% |
| Reserve and Surplus |
1,247,279 |
1,181,935 |
5.53% |
| Borrowings |
5,022,771 |
4,689,808 |
7.10% |
| Loans and Advances |
5,709,889 |
4,547,020 |
25.57% |
| Net Interest Income |
235,771 |
200,355 |
17.68% |
| Provision |
966 |
4,922 |
- |
| Write Back |
|
|
- |
| Operating Profit |
225,089 |
194,565 |
15.69% |
| Net Profit |
143,235 |
123,712 |
15.78% |
| Capital Adequacy Ratio |
25.80% |
28.46% |
- |
| NPL |
0.00% |
0.00% |
- |
| Base Rate |
0.00% |
0.00% |
- |
| Cost of Fund |
3.80% |
2.73% |
|
| EPS (Annualized) |
27.59 |
26.22 |
5.26% |
| PE Ratio |
31.60 |
|
|
| Networth Per Share |
280.21 |
|
|
