Jyoti Bikas Bank Limited has posted increased in net profit of 13.67% in the third quarter of fiscal year 2074/75.
As per the published report, the development bank has reported net profit raise to Rs.22.24 crore in Q3 from Rs 19.56 crore in the corresponding quarter of last year.
During this period, the bank has collected deposit of Rs. 15.06 arba & disbursed in loan & advance of Rs.13.85 arba. In the corresponding quarter of previous FY, deposit collection was Rs. 9.35 arba & floated loan of Rs.8.38 arba.
The bank has borrowing of Rs.62.50 crore.
Net interest income of bank has risen to Rs.53.06 crore from Rs.35.61 crore in last year. Likewise, operating profit has fall to Rs.34.13 crore from Rs. 23.74 crore in corresponding quarter of last year.
Its paid up capital is Rs. 2.59 arba with reserves of Rs. 42.39 crore.
Its non-performing loan is at 1.27% from 0.99% in the last year. Cost of fund stands at 9.04% & CD ratio at 76.30%.
Annualized earning per share is Rs. 11.43, Net worth per share is Rs. 116.35 & PE ratio stands at 12.51 times.
Gandaki Bikas Bank Limited has posted increased in net profit of 24.64% in the third quarter of fiscal year 2074/75.
As per the published report, the development bank has reported net profit raise to Rs.34.04 crore in Q3 from Rs 27.31 crore in the corresponding quarter of last year.
During this period, the bank has collected deposit of Rs. 20.43 arba & disbursed in loan & advance of Rs.18.32 arba. In previous FY, deposit collection was Rs. 12.20 arba & floated loan of Rs.11.20 arba.
Net interest income of bank has risen to Rs.70.53 crore from Rs.53.16 crore in last year. Likewise, operating profit has fall to Rs.52.18 crore from Rs 42.45 crore in corresponding quarter of last year.
Its paid up capital is Rs. 2.30 arba with reserves of Rs. 1.29 arba..
Its non-performing loan is at 0.84% from 1.14% in the last year. Cost of fund stands at 9.08% & CD ratio at 76.38%.
Annualized earning per share is Rs. 19.69, Net worth per share is Rs. 156.33 & PE ratio stands at 11.93 times.
