Muktinath Bikas Bank has published second quarter report of FY 2075/76. It has reported increase in net profit by 53.12% in comparing period.
As per the published report, it has reported increase in net profit to Rs.40.48 crore in this Q2 of Fiscal year 2075/76 from Rs.26.43 crore in the same period of fiscal year 2074/75.
It has deposit of Rs.38.13 arba and floated in loan & advances of Rs.32.87 arba in the second quarter. Deposit increased by 75.43%.
Its net interest income increased to Rs.85.87 crore in Q2 from Rs.55.82 crore in the last corresponding quarter. Operating profit increased to Rs.62.55 crore from Rs.40.46 crore in the last year. Operating profit rose by 54.59% in the comparing period.
Its paid up capital is Rs.3.06 arba with reserves of Rs.85.49 crore.
Its non performing loan stands at 0.05% from 0.01% in the last year. Its cost of fund stands at 8.67% & credit to deposit ratio stands at 77.99%.
Annualized earning per share is Rs.26.82, Net worth per share is Rs.127.89 and PE ratio stands at 13.62 times.
