National or Global Ime Laghubitta? See their comparative performance

April 22, 2019 | Investopaper

National Microfinance Bittiya Sanstha Limited and Global Ime Laghubitta Bittiya Sanstha Limited have published the 3rd quarter report of F.Y. 2075/76.

As per the unaudited report of Quarter 3 of this fiscal year, National Microfinance has increased the net profit by 54.91 percent. The net profit stands at Rs. 9.27 crores which was Rs. 6.01 crores last year in the 3rd quarter. On the other hand, Global IME Laghubitta made a profit of Rs. 4.08 crores, a rise by 255.71 percent from the corresponding quarter of the previous year.

The comparative performance of these two microfinance based on the unaudited report of 3rd quarter is shown in the table below:

Headings National  Global Ime
Paid up capital (Rs. ‘crores’) 15.09 11.05
Reserve & Surplus (Rs. ‘crores’) 20.22 5.6
Deposits (Rs. ‘crores’) 112.17 71.3
Loans (Rs. ‘Arab’) 3.48 2.84
Net Interest Income (Rs. ‘Crores’) 18.38 9.5
Net Profit (Rs. ‘Crores) 9.27 4.08
Non Performing Loans,NPL (%) 1.57 0.47
Cost of fund(%) 8.19 10.18
Earnings Per Share,EPS (Rs.) 81.94 49.28
Networth Per Share (Rs.) 234.03 150.11

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