Jyoti Bikas Bank has published third quarter report of FY 2075/76. Net profit surged by 28.31% in comparing period.
As per the published report, it has reported surge in net profit to Rs.28.53 crore in this Q3 of Fiscal year 2075/76 from Rs.22.24 crore in the same period of fiscal year 2074/75.
It has collected deposit of Rs.27.20 arba in Q3. It had floated loan & advances of Rs.23.90 arba in the third quarter. Deposit collection increased by 80.63% and loan disbursement increased by 72.56%.
Its net interest income increased to Rs.80.08 crore in Q3 from Rs.53.06 crore in the last corresponding quarter of FY 2074/75.
Operating profit increase to Rs.44.77 crore from of Rs.34.13 crore in the last year. Operating profit increased by 31.18%.
Its paid up capital is Rs.3.10 crore with reserves of Rs.63.41 crore.
Its non performing loan stands at 0.92% from 1.27%. Cost of fund 8.62%, capital adequacy at 16.49% and CD ratio at 78.53%.
Annualized earning per share (EPS) stands at Rs 12.27 which was Rs. 11.43 in the q3 of last year, Net worth per share at Rs.120.46 and PE ratio at 11.41 times.
