Unnati Microfinance Increases Net Profit

May 09, 2019 Merolagani

The net profit of Unnati Microfinance (UMB) has increased by Rs 13.5 million to Rs 31.6 million in the third quarter of the current FY compared to Rs18 million of the corresponding period of the last FY.

The increase in net profit has reflected in its EPS. The EPS of the company increased to Rs 54.66 in the review period.

The company with Rs 77.2 million in paid-up capital has a reserve fund of Rs 39.7million.

 In the review period, the company collected deposit of Rs 502.9 million, borrowed Rs 1.07 billion and extended loan of Rs 1.37billion.

In the review period, the company earned Rs 58.3 million in net interest income compared to Rs 46.6 million of the review period of the last FY.

The company has bad debt of 1.03 percent, net worth per share of Rs 159.39 and P/E ratio of 20.51 times.  

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