Unnati Microfinance net profit rises by 75.55 percent in Q3

May 9, 2019 | Investopaper

Unnati Microfinance has published its third-quarter report of FY 2075/76 today. The unaudited report shows a 75.55 percent rise in its net profit as compared to last year’s corresponding quarter. The net profit stands at Rs. 3.16 crores for this quarter. Last year, the microfinance made a profit of Rs. 1.80 crores in the third quarter.

The paid-up capital stands at Rs. 7.73 crores. Similarly, reserve & surplus is at Rs. 3.97 crores. The microfinance has loans and advances of  Rs. 1.38 Arab. Also, The company reported a net interest income of Rs. 5.83 crores in this period which is 25.10% more than previous year’s 3rd quarter.

The nonperforming loan stands at 1.03%. Annualized EPS is at Rs. 54.66 as per the 3rd quarter. The cost of fund stands at 10.04%. LTP of the company stands at Rs. 1140.

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