Kathmandu. Mithila Laghubitta Financial Institution has released the revised financial statements for the fourth quarter of the last fiscal year. According to the financial statement released by the organization, the company has earned a profit of Rs 84.15 million till the fourth quarter of the last fiscal year.

Net profit of the company has increased by 77 percent compared to the same period of the previous fiscal year. In the previous fiscal year, the company had posted a net profit of Rs 4,75,45,000. In the last fiscal year, the company’s net interest income and operating profit increased. In the last fiscal year, the net interest income of the microfinance company increased by 41.86 percent to Rs 209.14 million. In the previous fiscal year, the company’s revenue stood at Rs 147.4 million.

During this period, the organization’s other operating income has also increased. Such income increased by 34.91 percent to Rs 54.85 million. In the previous fiscal year, such income was Rs 40.65 million. In the last fiscal year, the total operating income of the microfinance company increased by 40.36 percent to Rs 263.95 million during the review period. During this period, the operating profit of the company increased by 107.68 percent to Rs 123.3 million.

In the last fiscal year, the company’s earnings per share increased from Rs 13.32 to Rs 37.58. As of Mid-July, the net worth per share of the microfinance company stood at Rs 191.29. During this period, the company’s price-to-earnings ratio was 42.55 times.

In the last fiscal year, the paid-up capital of the company was Rs 223.9 million and the reserve fund of the microfinance company was Rs 204.4 million. At the end of the last fiscal year, the microfinance company collected deposits of Rs 1.77 billion, collected deposits of Rs 1.18 billion and disbursed loans of Rs 2.96 billion.