Support Microfinance Limited has published its unaudited financial report for Q2 of the FY 2074/75 with the report of decrease in net profit by 54.15%.
The microfinance had net profit of Rs 14.65 lakh in the corresponding quarter of the previous year which has decreased to Rs 6.72 lakh in the current year.
It has collected Rs 4.66 crore as deposits and floated loans of Rs 35.46 crore.
The paid up capital of the company is Rs 6 crore and it has Rs 16.73 lakh in the reserve.
Its annualized EPS is Rs 2.24 and net worth per share is Rs 102.79 while the P/E ratio stands at Rs 44.64.
Major Highlights:
| Particulars (In Rs '000) |
Support Microfinance |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
60,000 |
42,000 |
42.86% |
| Reserve & Surplus |
1,673 |
(1,208) |
-238.52% |
| Deposits |
46,613 |
16,777 |
177.84% |
| Borrowings |
296,989 |
197,147 |
50.64% |
| Loans & Advances |
354,596 |
218,308 |
62.43% |
| Net Interest Income |
10,553 |
9,998 |
5.56% |
| Provision for possible losses |
4,198 |
1,052 |
299.14% |
| Operating Profit |
672 |
1,407 |
-52.25% |
| Net Profit |
672 |
1,465 |
-54.15% |
| NPL (%) |
1.53 |
0.08 |
1812.50% |
| Annualized EPS (In Rs.) |
2.24 |
6.98 |
-67.91% |
| Net Worth per Share (In Rs.) |
102.79 |
97.12 |
5.83% |
| P/E Ratio |
44.64 |
|
|
Q2 Report
