First Microfinance’s Profit Declines

Apr 30, 2025 10:46 AM Merolagani



First Microfinance Laghubitta Bittiya Sanstha (FMDBL) has published its third quarter report of the current FY. As per the report, the company recorded decline in net profit during the period.

In the review period, the company earned net profit of Rs 70.6 million which is 45.77 percent degrowth compared to Rs 130.2 million of the corresponding period of the last FY.

Decrease in net interest income and operating profit pulled down its net profit during the period.

In the review period, its net interest income decreased by 37.94 percent and net fee and commission income by 80.47 percent. Similarly, its total operating income decreased by 40.59 percent and operating profit by 45.94 percent.

Along with net profit, its EPS decreased by Rs 7.08 to Rs 7. The company has net worth per share of Rs 126.72 and P/E ratio of 108.67 times.

 In the review period, the company logged distributable profit of Rs 50.9 million.

The company with Rs 1.34 billion in paid-up capital has reserve fund of Rs 359.2 million. The company borrowed Rs 5.40 billion and extended loans of Rs 6.08 billion.

 




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