Asha Laghubitta Bittiya Sanstha has reported increased in profit by 179.56% in the fourth quarter of this fiscal year 2074/75.
As per the published report, the microfinance has reported inclined in net profit to Rs 1.10 crore in this Q4 from loss of Rs.1.38 crore in the corresponding quarter of last fiscal year 2073/74.
It has borrowing of Rs.89.72 crore & deposit of Rs.25.73 crore. It had extended in loan & advances of Rs.1.27 arba. Deposit increased by 596.48% & loan expansion increased by 229.33%.
Net interest income has surged to Rs.5.68 crore from Rs.95.10 lakh in the last corresponding quarter. Operating profit increased to Rs.1.04 crore from losses of Rs.1.38 crore in the comparing period. Operating profit declined by 8.30%.
Its paid up capital is Rs.14 crore with reserve balance of Rs.16.67 thousand.
Its non performing loan stands at 0.78% from 13.90% in the last year. Cost of Fund is 11.36%.
Sabaiko Laghubitta Bittiya Sanstha has reported net profit by 11.40 lakh in the fourth quarter of this fiscal year 2074/75.
As per the published report, the microfinance has reported inclined in net profit to Rs 11.40 lakh in this Q4 from Rs.1.52 lakh in the corresponding quarter of last fiscal year 2073/74.
It has borrowing of Rs.45.24 crore & deposit of Rs.11.64 crore. It had extended in loan & advances of Rs.165.04 crore.
Net interest income has surged to Rs.1.93 crore from Rs.7.96 lakh in the last corresponding quarter. Operating profit increased to Rs.17.92 lakh from losses of Rs.68 thousand in the comparing period.
Its paid up capital is Rs.11.20 crore with reserve balance of Rs.12.90 lakh.
Its non performing loan stands at zero. Cost of Fund is 12.1%.
