Meromicrofinance Laghubitta Posts Rs 44.22 Crores In Profit | EPS At Rs. 36.85 [Q4 Report]

August 16, 2022 | Investopaper

Meromicrofinance Laghubitta Bittiya Sanstha Limited (MERO) has posted a net profit of Rs 44.22 crores in the fiscal year 2078/79. As per the unaudited fourth quarterly (Q4) report, the net profit of the microfinance has dropped by 7 percent. In the previous fiscal year 2077/78, the company had earned Rs 47.69 crores in net profit. The decline in profit is due to the increase in the operating expenses by almost Rs. 20.5 crores.

You May Also Like:

Meromicrofinance Laghubitta Q3 Report

Dividend History Of Meromicrofinance Laghubitta (MERO)

Major Financial Indicators of Meromicrofinance Laghubitta, FY 2078/79

Paid-up capital: Rs 120 crores

Reserve and Surplus: Rs 87.58 crores

Borrowings: Rs 10.39 Arba

Deposits: Rs 3.41 Arba

Loans & Advances: Rs 16.42 Arba

Net Interest Income: Rs 109.25 crores

Operating Profit: Rs 63.15 crores

Net Profit: Rs 44.22 crores

Non-Performing Loans (NPL): 2.94 percent

Cost of Funds: 11.18 percent

Earnings Per Share: Rs 36.85

Networth Per Share: Rs 177.99

You May Also Like: Top 5 Microfinance of Nepal: Comparative Study

Meromicrofinance Laghubitta (MERO): Report Summary, FY 2078/79

Financial Indicators FY 2078/79 FY 2077/78 Percent Change
Paid up capital (Rs.’crores’) 120 100 20.00
Reserve and Surplus (Rs.’crores’) 87.58 67.51 29.73
Borrowings (Rs.’Arba’) 10.39 9.29 11.84
Deposits (Rs.’Arba’) 3.41 2.41 41.49
Loans & Advances (Rs.’Arba’) 16.42 13.62 20.56
Net Interest Income (Rs.’crores’) 109.25 95.47 14.43
Operating Profit (Rs.’crores’) 63.15 67.06 -5.83
Net Profit (Rs.’crores’) 44.22 47.69 -7.28
Non Performing Loans, NPL (%) 2.94 3.78 -22.22
Cost of Funds (%) 11.18 6.1 83.28
Earnings Per Share, EPS (Rs.) 36.85
Networth Per Share ( Rs.) 177.99
Market Price Per Share (Rs.) [Ashad end, 2079 BS] 847.00
P/E Ratio 22.99

Source: Unaudited Q4 Report, FY 2078/79


The above figures are based on the un-audited quarterly report published by the respective company. Investors are advised to take other things into consideration along with this report while making investment decisions. The numbers may vary after the final audit.

To see the reports of other companies, CLICK HERE.


Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published.

error: Content is protected !!