Muktinath Bikas Bank has published third quarter report of FY 2075/76. Net profit increased by 40.81% in comparing period.
As per the published report, it has reported fall in net profit to Rs.60.20 crore in this Q3 of Fiscal year 2075/76 from Rs.42.75 crore in the same period of fiscal year 2074/75.
Deposit collection reach to Rs.41.80 arba from Rs.24.54 arba in Q3 of last year. Deposit collection increased by 70.31%. It had floated loan & advances of Rs.36.45 arba which was Rs.21.99 arba in last year. Loan disbursement increased by 65.74%.
Its net interest income increased to Rs.1.29 arba in Q3 from Rs.88.28 crore in the last corresponding quarter of FY 2074/75.
Operating profit increased to Rs.93.24 crore from of Rs.65.76 crore in the last year.
Its paid up capital is Rs.3.06 arba with reserves of Rs.1.05 arba.
Its non performing loan stands at 1.03% from 0.01% in Q3. Cost of fund at 8.74%, CCD ratio at 79.06% and base rate at 11.29%.
Annualized earning per share (EPS) stands at Rs 26.19, Net worth per share at Rs.134.33 and PE ratio at 13.67 times.
