Deprosc Laghubitta Bikas Bank has posted decline in net profit by 14.88% in the third quarter of fiscal year 2074/75.
As per the report, it has posted net profit of Rs. 17.75 crore in the Q3 from Rs.20.85 crore in the corresponding quarter of last year.
It has made deposit collection of Rs.2.17 arba & borrowings of Rs. 4.24 arba. It has expanded in loan & advance of Rs.7.11 arba. Deposit increased by 41.85% & landing also increased by 40.30%.
Its net interest income increased to Rs. 81.29 crore from Rs 63.75 crore in the last year. Likewise, operating profit has declined to Rs.23.01 crore from Rs.28.19 crore in the last year’s Q3. Operating profit decreased by 18.36%.
Its paid up capital is Rs. 70.31 crore with reserve of Rs.45.91 crore.
Non-performing loan (NPL) stands at 0.79 from 0.7% in the last year. Cost of fund is 10.01%.
Annualized earning per share fall to Rs.33.67 from Rs.79.87 & net worth per share is Rs. 165.29. PE ratio stood at 21.76 times.
