Unique Nepal Laghubitta published unaudited highlights for the fourth quarter; net profit stands at Rs.4.42 Crore

Young microfinance company, Unique Nepal Laghubitta Bittiya Sanstha Limited, has published the unaudited financial report for the end of the fourth quarter of FY 75/76.

In its short period of operation, the microfinance company was able to post a net profit of Rs.4.42 Crore with operating profits of Rs.4.82 Crore till the fourth quarter. The net interest income of the company stood at Rs.10.33 Crore.

The borrowings of the company stands at Rs.58.61 Crore. In the review period, the company collected deposits worth Rs.1.52 Arba and lent loans and advances worth Rs.2.28 Arba. The non-performing loans of the company stood at .148% by the end of the fourth quarter.

The paid up capital currently stands at Rs.9.53 Crore with Rs.6.38 Crore in the reserves of the company.