Sworojgar& ILFCO Microfinance Q2 earning elevates by 82.65% & 41.31% respectively
Thu, Feb 4, 2016 12:30 PM on Latest, Financial Analysis, Featured,
Sworojgar Laghubitta Bikas Bank Limited (SWBBL) has reported massive profit rise of 82.65 percent in the second quarter of the fiscal year 2072/73.
Publishing the unaudited financial report for the first quarter today, the microfinance company has reported that its net profit rose to Rs 1.32 crore in Q2, up from Rs 72.45 lakh as compared in the corresponding quarter of the previous fiscal year 2071/72.
The microfinance has borrowings of Rs 28.87 crore in the 2nd quarter compared to Rs 25.31crore in the corresponding quarter last year. Likewise, it extended loans of Rs 53.94 crore from Rs 39.06 crore. It has collected deposits of Rs 24.19 crore.
Sworojgar Laghubitta’s net interest income has risen from Rs 2.09 crore to Rs 1.32 crore in the first quarter of 2072/73.
It has posted an operating profit of Rs 2.07 crore and paid up capital remains at Rs 5.36 crore in Q2.
The microfinance’s non performing loan (NPL) dropped to 0.36 % from 0.46% in Q2.
Its EPS (annualized) now stands at Rs 49.30, net worth per share at Rs 147, and P/E ratio at 38.74 times.
Likewise, ILFCO Microfinance Bittiya Sanstha Limited (ILFCOM) has reported a net profit of Rs 23.49 lakh in the second quarter for the fiscal year 2072/73 up from Rs 16.62 lakhs in the same quarter of previous year.The profit surged by 41.31% as compared to the corresponding quarter of the previous fiscal year.
As per the unaudited financial report published today, the micro finance company has net interest income of Rs 1.10 crore increasing from Rs 74.24 lakh of the corresponding quarter of the previous fiscal year.
The microfinance company has borrowings of Rs 5.99 crore up from Rs 5.80 crore in the corresponding quarter of the previous fiscal year. Likewise, it extended loans of Rs 12.84 crore, up from Rs 8.93 crore. It has collected deposits of Rs 3.94 crore in Q2.
The micro finance has paid up capital of Rs 10 crore in Q2 with reserve of Rs 58.24 lakh.
Its NPL increased to 1.69 percent from 0.53 percent in the Q2. Its annualized Earning per Share (EPS) and net worth remains at Rs 4.7 and Rs 105.31 respectively. Its PE stands at 404.26 times.
Sworojgar Laghubitta’s net interest income has risen from Rs 2.09 crore to Rs 1.32 crore in the first quarter of 2072/73.
It has posted an operating profit of Rs 2.07 crore and paid up capital remains at Rs 5.36 crore in Q2.
The microfinance’s non performing loan (NPL) dropped to 0.36 % from 0.46% in Q2.
Its EPS (annualized) now stands at Rs 49.30, net worth per share at Rs 147, and P/E ratio at 38.74 times.
Likewise, ILFCO Microfinance Bittiya Sanstha Limited (ILFCOM) has reported a net profit of Rs 23.49 lakh in the second quarter for the fiscal year 2072/73 up from Rs 16.62 lakhs in the same quarter of previous year.The profit surged by 41.31% as compared to the corresponding quarter of the previous fiscal year.
As per the unaudited financial report published today, the micro finance company has net interest income of Rs 1.10 crore increasing from Rs 74.24 lakh of the corresponding quarter of the previous fiscal year.
The microfinance company has borrowings of Rs 5.99 crore up from Rs 5.80 crore in the corresponding quarter of the previous fiscal year. Likewise, it extended loans of Rs 12.84 crore, up from Rs 8.93 crore. It has collected deposits of Rs 3.94 crore in Q2.
The micro finance has paid up capital of Rs 10 crore in Q2 with reserve of Rs 58.24 lakh.
Its NPL increased to 1.69 percent from 0.53 percent in the Q2. Its annualized Earning per Share (EPS) and net worth remains at Rs 4.7 and Rs 105.31 respectively. Its PE stands at 404.26 times.
