During the period, the company earned Rs 114.3 million in net profit compared to Rs 34.4 million of the corresponding period of the previous FY.
Although the company logged a plain growth in net interest income, minimum allocation of provision for possible losses and recovery of non-performing loans helped to pull its net profit with a huge margin.
During the period, the microfinance company increased its net interest income by 48.98 percent, operating profit by 176.62 percent. Similarly, its paid-up capital increased by 10.50 percent, reserve fund by 198.96 percent, deposits by 49.66 percent, borrowings by 64.85 percent and loan extensions by 74.18 percent.
Likewise, the company increased its EPS by Rs 37.01. it logged P/E ratio of 32.71 times, net worth of Rs 162.13 and a non-performing loan of 2.25 percent.
