Ganapati Microfinance Reports 14.97% Profit Increase Alongside Rising Earnings Per Share

Kathmandu, Magh 18. By the end of the second quarter of the current fiscal year, Ganapati Microfinance has reported an increase in both net profit and earnings per share. The net profit of this microfinance has increased by 14.97%, reaching 1 crore 23 lakh 50 thousand rupees. During the same period last year, it earned a net profit of 1 crore 7 lakh 42 thousand rupees. 

This growth in net profit is attributed to an increase in interest income and operational profit. Interest income has risen by 42.94%, reaching 7 crore 50 lakh 83 thousand rupees. In the same period last year, it earned 5 crore 25 lakh 29 thousand rupees in interest income. 

Meanwhile, operational profit has increased by 14.97%, reaching 1 crore 76 lakh 43 thousand rupees.
As of the end of Poush, the paid-up capital stands at 15 crore 15 lakh rupees. Earnings per share have risen by 2 rupees 12 paisa, totaling 16 rupees 30 paisa. The net worth per share is 132 rupees 08 paisa.