Opening Remarks by Management
Total AUM increased to 419 crores, about 18% up from FY20.Total disbursement for 9 month FY20 stood at 480 crores. Balance sheet size as on December 2019 is 506 crores, it is a 28% increase vis-à-vis December 18. Gross total income for 9-month FY20, 93 crores which is 63% increase vis-à-vis 9-month last year. Profit before tax and exceptional item has increased by 18% Y-o-Y 9 months. At a consolidated level, our profit from continuing operations has been 6.03 crores for the quarter vis-à-vis 5.16 crores for Q3 FY19. On a consolidated level, it is 16.69 crores vis-à-vis 14.13 crores, a year-on-year increase of 18%. This is for the 9-month period. Balance sheet size I have already talked about.
As far as specific AUM and other indicators, I will quickly mention, our AUM Q3 FY20, we were at 419 crores. Disbursement for the quarter was 133 crores net. Gross total income was 33 crores. PAT was 4.1 crores. Last time, when we discussed, I think some of you had wanted to know the segment wise cost of borrowings.
We have highlighted that clearly. Microfinance is 14.8%, MSME business is 10.9%, Agri commodity is 9.6%. Weighted average cost of fund across business segment is 12.1%. We also wanted to mention to you upfront the portfolio quality and if you see, we had put up a slide showing segment wise gross and net NPA. MSME, the gross NPA is 1.66%, net is 1.25. Microfinance, gross NPA is 0.97%, net NPA is 0.96%.Microloan, it is 3.51% gross NPA, net NPA is negligible. Agri commodity, with grace of God, there is no NPA.
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