Mahila Sahayatra Laghubitta shows improvement; Profit rises by 240%
February 11, 2019 | Investopaper
Mahila Sahayatra Laghubitta has published its second-quarter report of FY 2075/76 today. The unaudited report has shown a 240% rise in its net profit as compared to last year’s corresponding quarter. The net profit stands at Rs. 1.25 crores for this quarter. Last year, the microfinance made a profit of Rs. 36.92 lakhs in the second quarter.
The paid-up capital stands at Rs. 12.10 crores. Similarly, reserve & surplus is at Rs. 2.32 crores. The microfinance has loans and advances of Rs. 1.02 Arab. Also, The company reported a net interest income of Rs. 3.67 crores in this period which is 41.23% more than the previous year’s 2nd quarter.
The nonperforming loan stands at 2.33%. Annualized EPS is at Rs. 20.74 as per the 2nd quarter. The cost of fund stands at 10.42%.
