Womi Microfinance Bittiya Sanstha Limited (WOMI) has posted outstanding hike in net profit by 84.37 percent in the second quarter (Q2) of the current fiscal year 2074/75.
Publishing the unaudited financial report for the second quarter today, the microfinance company stated that its net profit hikes to Rs 1.84 crore in the Q2 of current fiscal year 2074/75, up from Rs 1.01 crore in the corresponding period of the previous fiscal year 2073/74.
Its paid up capital remains at Rs 7.77 crore (included proposed 20% bonus shares from the net profit of FY 2073/74 to know the real EPS) with reserve of Rs 4.4 crore in Q2.
The company has borrowings of Rs 57.07 crore in the second quarter, up from Rs 26.31 crore in the corresponding quarter. Likewise, it has extended loans and advances of Rs 1.03 arba in Q2 whereas in the same period last year the figure stood at Rs 50.40 crore.
Its non-performing loan (NPL) has decreased to 0.84 % in Q2 from 1.75% in the previous year report.
Its annualized earning per share (EPS) stands at Rs 47.56, net worth per share at Rs 157.12 and the P/E ratio at 26.28 times.
Major Highlights:
Particulars (In Rs '000) |
WOMI |
Q2 2074/75 |
Q2 2073/74 |
Difference |
Paid Up Capital |
77,760 |
54,000 |
44.00% |
Reserve & Surplus |
44,418 |
27,917 |
59.11% |
Deposits |
352,028 |
184,373 |
90.93% |
Borrowings |
570,703 |
263,153 |
116.87% |
Loans & Advances |
1,033,771 |
504,043 |
105.10% |
Net Interest Income |
37,049 |
28,659 |
29.28% |
Provision for possible losses |
2,986 |
3,308 |
-9.73% |
Operating Profit |
29,059 |
14,042 |
106.94% |
Net Profit |
18,492 |
10,030 |
84.37% |
NPL (%) |
0.84 |
1.75 |
-52.00% |
Annualized EPS (In Rs.) |
47.56 |
37.15 |
28.03% |
Net Worth per Share (In Rs.) |
157.12 |
151.70 |
21.04% |
P/E Ratio (In times) |
26.28 |
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Q2 report of WOMI:
Swadeshi Laghubitta Bittiya Sanstha Limited (SDESI) has posted tiny rise in net profit by 0.43 percent in the second quarter (Q2) of the current fiscal year 2074/75.
Publishing the unaudited financial report for the second quarter today, the microfinance company stated that its net profit rise to Rs 1.36 crore in the Q2 of current fiscal year 2074/75, up from Rs 1.35crore in the corresponding period of the previous fiscal year 2073/74.
Its paid up capital remains at Rs 11.50 crore (including 15% bonus shares from the net profit of FY 2073/74) with reserve of Rs 2.63 crore in Q2.
The company has borrowings of Rs 1.48 crore in the second quarter, up from Rs 1.06 arba in the corresponding quarter. Likewise, it has extended loans and advances of Rs 1.76 arba in Q2 whereas in the same period last year the figure stood at Rs 1.05 arba.
Its non-performing loan (NPL) has increased to 1.78% in Q2 from 0.92% in the previous year report.
Its annualized earning per share (EPS) stands at Rs 23.72, net worth per share at Rs 122.82 and the P/E ratio at 14.46 times.
Major Highlights:
Particulars (In Rs '000) |
SDESI |
Q2 2074/75 |
Q2 2073/74 |
Difference |
Paid Up Capital |
115,000 |
70,000 |
64.29% |
Reserve & Surplus |
26,310 |
18,137 |
45.06% |
Deposits |
480,928 |
213,377 |
125.39% |
Borrowings |
1,482,005 |
1,064,446 |
39.23% |
Loans & Advances |
1,767,829 |
1,052,140 |
68.02% |
Net Interest Income |
68,085 |
58,747 |
15.90% |
Provision for possible losses |
32,410 |
15,692 |
106.54% |
Operating Profit |
(206) |
12,457 |
-101.65% |
Net Profit |
13,638 |
10,030 |
35.97% |
NPL (%) |
1.78 |
0.92 |
93.48% |
Annualized EPS (In Rs.) |
23.72 |
28.66 |
-17.23% |
Net Worth per Share (In Rs.) |
122.88 |
125.91 |
21.04% |
P/E Ratio (In times) |
14.46 |
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Q2 report of SDESI: