Laxmi Bank Limited has posted net profit of Rs.80.26 crore in the third quarter of fiscal year 2074/75.
As per the published report, the commercial bank has posted increased in net profit to Rs.80.26 crore in Q3 from Rs 56.91crore in the corresponding quarter of previous year.Net profit increased by 41.04 percent.
The bank has made deposit collection of Rs. 63.26 arba & disbursed in loan & advance of Rs.58.69 arba. Likewise, it had collected deposit of Rs.57.80 arba & floated in loan of Rs.50.21 in the last corresponding quarter of FY 2073/74.
Net interest income of bank has risen to Rs.1.54 arba from Rs.1.17 arba in last year. Likewise, operating profit has risen to Rs.1.10 arba from Rs. 73.62 arba in corresponding quarter of last year.
Its paid up capital is Rs. 8.22 arba with reserves of Rs. 3.15 arba.
Its non-performing loan is at 1.16% from 1.79% in the last year. Cost of fund is 7.73% & CD ratio stands at 77.79%.
Annualized earning per share (EPS) is Rs. 13.02 & Net worth per share is Rs. 126.38. Its PE ratio stands at 17.96 times.
See the report of Prime commercial bank entered to arba club in 9 month
