In the last FY, the company earned a net profit of Rs 76.1 million. It has increased by 181.36 percent compared to Rs 27 million of the previous FY.
The net profit of the company has increased significantly due to the increase in net interest income and the reversal of impairment charge.
In the review period, the net interest income of the company increased by 35.55 percent, while the total operating income increased by 34.85 percent and operating profit by 134.25 percent. As of the end of the last FY, the impairment charge of the company has been revised by Rs 10.2 million. The company has a distributable profit of Rs 67 million and a distributable income of Rs 50.03 per share.
Along with the profit, the earnings per share of the microfinance company has also increased. In the review period, the income of the microfinance company increased by Rs 34.71 to Rs 56.82. The company has a price-to-earnings ratio of 32.15 times and net worth per share of Rs 205.13.
The microfinance company has a paid-up capital of Rs 134 million and reserve fund of Rs 140.9 million.
