Swabalamban & Rural Microfinance net profit surges by 14.33% & 31.52% respectively in Q2
Sun, Feb 7, 2016 11:43 AM on Latest, Financial Analysis, Featured,
Swabalamban Laghubitta Bikas Bank (SWBBL) has posted meager profit rise of 14.33% in the second quarter of the current fiscal year 2072/73. The net profit of the company rose to Rs 12.56 crore in Q2 up from Rs 10.98 crore in the corresponding quarter of the previous fiscal year 2071/72.
Publishing the unaudited financial report for the fourth quarter today, the microfinance institution has stated that its operating profit has surged to Rs 19.74 crore in Q2, up from Rs 17.23 crore in the corresponding quarter of the last fiscal year.
Its net interest income rose to Rs 41.03 crore in Q2 up from Rs 35.19 crore in the corresponding quarter. The microfinance’s borrowing remains at Rs 3.02 arba and has collected Rs 2.56 arba in deposits.
Likewise, it has extended loans and advances of Rs 5.43 arba in Q2 of FY 2072/73 whereas in the same period last year the figure stood at Rs 4.05 4.34 arba.
SWBBL’s has a paid up capital of Rs 31.23 crore and has Rs 47.96 crore in reserve and surplus. Meanwhile its non-performing loan (NPL) increased from 0.47% in previous quarter to 2.02% in the second quarter of the current fiscal year.
Swabalamban’s earning per share (EPS) now stands at Rs 80.43, its net worth per share is at Rs 254 while the P/E ratio at 24.68 times.
Likewise, Rural Microfinance Development Centre Limited (RMDC) has reported a profit rise of 31.52 percent in the second quarter of the fiscal year 2072/73.
Publishing the unaudited financial report for the second quarter today, the microfinance company has posted that its net profit rose to Rs 8.14 crore in Q2, up from Rs 6.18 crore as compared in the corresponding quarter of the previous fiscal year 2071/72.
The microfinance has borrowings of Rs 4.58 arba in the Q2 compared to Rs 3.27 arba in the corresponding quarter last year. Likewise, it disbursed loans of Rs 4.28 arba from Rs 3.52 arba.
Rural Mirofinance’s net interest income has risen from Rs 13.15 crore to Rs 13.07 crore in the second quarter of 2072/73.
It has posted an operating profit of Rs 12.76 crore and paid up capital remains at Rs 62.92 crore in Q2.
Its EPS (annualized) now stands at Rs 25.88, net worth per share at Rs 281.09, and P/E ratio at 27.09 times.
Publishing the unaudited financial report for the fourth quarter today, the microfinance institution has stated that its operating profit has surged to Rs 19.74 crore in Q2, up from Rs 17.23 crore in the corresponding quarter of the last fiscal year.
Its net interest income rose to Rs 41.03 crore in Q2 up from Rs 35.19 crore in the corresponding quarter. The microfinance’s borrowing remains at Rs 3.02 arba and has collected Rs 2.56 arba in deposits.
Likewise, it has extended loans and advances of Rs 5.43 arba in Q2 of FY 2072/73 whereas in the same period last year the figure stood at Rs 4.05 4.34 arba.
SWBBL’s has a paid up capital of Rs 31.23 crore and has Rs 47.96 crore in reserve and surplus. Meanwhile its non-performing loan (NPL) increased from 0.47% in previous quarter to 2.02% in the second quarter of the current fiscal year.
Swabalamban’s earning per share (EPS) now stands at Rs 80.43, its net worth per share is at Rs 254 while the P/E ratio at 24.68 times.
Likewise, Rural Microfinance Development Centre Limited (RMDC) has reported a profit rise of 31.52 percent in the second quarter of the fiscal year 2072/73.
Publishing the unaudited financial report for the second quarter today, the microfinance company has posted that its net profit rose to Rs 8.14 crore in Q2, up from Rs 6.18 crore as compared in the corresponding quarter of the previous fiscal year 2071/72.
The microfinance has borrowings of Rs 4.58 arba in the Q2 compared to Rs 3.27 arba in the corresponding quarter last year. Likewise, it disbursed loans of Rs 4.28 arba from Rs 3.52 arba.
Rural Mirofinance’s net interest income has risen from Rs 13.15 crore to Rs 13.07 crore in the second quarter of 2072/73.
It has posted an operating profit of Rs 12.76 crore and paid up capital remains at Rs 62.92 crore in Q2.
Its EPS (annualized) now stands at Rs 25.88, net worth per share at Rs 281.09, and P/E ratio at 27.09 times.
