In the review period, the company earned Rs 95.2 million in interest income and spent Rs 56.1 million in interest expenses. Through this, the company earned Rs 39 million in net interest.
During the period, the company collected deposit of Rs 394 million, borrowed Rs 886.4 million and extended loan of Rs 1.18 billion.
The company with Rs 140 million in paid-up capital has reserve fund of Rs 18.3 million. It has bad debt ratio of 1.33 percent.
Infinity Microfinance is planning to issue 600,000 unit of shares in initial public offering worth Rs 60 million. It has appointed Civil Capital Market as its issue manager.
Care Rating Nepal has assigned grade 4 to the issue indicating below average fundamentals.