Young microfinance company Manushi Laghubitta posts third quarter highlights; paid up capital stands at Rs.7 Crore

Manushi Laghubitta Bittiya Sanstha Limited has published the unaudited financial highlights for the end of the third quarter of the current fiscal year 75/76.

For the third quarter, the microfinance company posted a net profit of Rs.97.12 Lakh, up from Rs.39.43 Lakhs posted in the previous quarter of the current fiscal year. The operating profits of the company stands at Rs.1.38 Crore.

The net interest income stands at Rs.3.61 Crore by the end of the third quarter. This figure stood at Rs.1.44 Crore in the previous quarter.

Total deposits collected by the microfinance company is Rs.44.39 Crore and lent out loans worth Rs.85.14 Crore by the end of the third quarter. The non-performing loans stand at 1.38% compared to 1.60% posted in the previous quarter.

The paid up capital of the company stands at Rs.7 Crore with reserves of Rs.4.19 Crore.