Lumbini Bikas bank limited has reported surge in Net profit by 27.99% to 14.37 crore in the second quarter of this fiscal year 2074/75.
As per the report published, Limbini Bikas bank has posted net profit of 14.37 crore from 11.23 crore in the second quarter of last FY 2073/8/74. Net profit is surged by 27.995.
It has collected deposit of 19.18 arba & disburse in loan 17.25 crore. Net interest of income increased by 11.18% to 32.49 crore.
Operating profit reached to 12.42 crore. Staff expanse increased by 81.71% to 11.47 crore.
Its paid up capital is 2.01 arba. Reserve reached to 1.01 arba. Reserve increased by 819.25%. It meet capital requirement of 2.5 arba, bank has further to hike its capital by around 13% after the 10 right share adjustment.
Non-performing loan increased to 2.5% from 2.17% in the Q2 of last year.
Annualized earning per share stands at 14.32. Net worth per share is 150.30. PE stands at 11.7 times.
Report’s Highlights
See report of Garima Bikas Bank
