Muktinath Bikas Bank has posted increased net profit of 18.19% in the fourth quarter of this fiscal year 2074/75.
As per the published report, the development bank has reported increased in net profit to Rs.57.54 crore in this Q4 from Rs.48.69 crore in the corresponding quarter of last fiscal year 2073/74.
During the period the bank has collected deposit of Rs.30.35 arba & floated in loan & advances of Rs.25.26 arba. In the corresponding quarter of last year the bank had collected deposit of Rs. 16.77 arba & floated in loan & advances Rs.15.31 arba. Deposit increased by 80.95% & loan expansion increased by 64.92%.
Its net interest income increased to Rs.1.25 arba from Rs.1.03 arba in the last corresponding quarter. Operating profit increased by 21.95% to Rs.88.78 crore from Rs.72.80 crore in the last year.
Its paid up capital is Rs.2.59 arba with reserves of Rs.94.79 crore. Reserve surged by 203.81%.
Its non performing loan stands at 0.0044 percent from 0.02 percent from the last year.
Annualized earning per share is Rs.22.20 & net worth per share is Rs.136.57. PE ratio stands at 17.03 times.
