Mission and Tinau Development Bank posted raise in Net Profit

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financial reports

Mission Development Bank has published third quarter report of FY 2075/76. It has reported increase in net profit by 15.08% in comparing period.

As per the published report, it has reported surge in net profit to Rs.6.46 crore in this Q3 of Fiscal year 2075/76 from Rs.5.61 crore in the same period of fiscal year 2074/75.

It has collected deposit of Rs.4.89 arba in Q3. It had floated loan & advances of Rs.4.34 arba in the third quarter. Deposit collection increase by 37.27% and loan disbursement increase by 35.08%.



Its net interest income increased to Rs.15.82 crore in Q3 from Rs.12.84 crore in the last corresponding quarter of FY 2074/75.

Operating profit rose to Rs.10.15 crore from Rs.8.82 crore in the last year. Operating profit increased by 15.08% in the comparing period.

Its paid up capital is Rs.57.64 crore with reserves of Rs.12.07 crore.  Reserve rose by 22.29%.

Its non performing loan stands at 0.43% from 0.37%. Cost of fund stand at 9.19%. Credit to deposit ratio at 77.59% and base rate at 13.03%.

Annualized earning per share (EPS) stands at Rs 14.96, Net worth per share at Rs.120.94 and PE ratio stands at 10.83 times.


Tinau Development Bank has published third quarter report of FY 2075/76. It has reported increase in net profit by 13.37% in comparing period.

As per the published report, it has reported surge in net profit to Rs.6.11 crore in this Q3 of Fiscal year 2075/76 from Rs.5.38 crore in the same period of fiscal year 2074/75.

It has collected deposit of Rs.5.31 arba in Q3. It had floated loan & advances of Rs.4.57 arba in the third quarter. Deposit collection increase by 18.62% and loan disbursement increase by 20.50%.



Its net interest income increased to Rs.14.50 crore in Q3 from Rs.12.01 crore in the last corresponding quarter of FY 2074/75.

Operating profit rose to Rs.8.28 crore from Rs.7.15 crore in the last year. Operating profit increased by 15.76% in the comparing period.

Its paid up capital is Rs.56.77 crore with reserves of Rs.13.99 crore.

Its non performing loan stands at 0.38% from 0.37%. Cost of fund stand at 9%. Credit to deposit ratio at 75.98% and base rate at 11.76%.

Annualized earning per share (EPS) stands at Rs 14.35, Net worth per share at Rs.124.64 and PE ratio stands at 11.57 times.