Purnima Bikas Bank has reported decline in net profit by 25.53% in the fourth quarter of this fiscal year 2074/75.
As per the published report, the development bank has reported decreased in net profit to Rs.7.45 crore in this Q4 from Rs.10.01 crore in the corresponding quarter of last fiscal year 2073/74.
During the period, it has collected deposit of Rs.2.87 arba & floated in loan & advances of Rs.2.45 arba. Deposit increased by 19.69% & lending increased by 19.42%.
Its net interest income fallen to Rs.16.53 crore from Rs.19.04 crore in the last corresponding quarter. Operating profit increased to Rs.11.30 crore from Rs.15.53 crore in the comparing period. Operating profit declined by 27.22%.
Its paid up capital is Rs.52.50 crore with reserves of Rs.13.72 crore.
Its non performing loan stands at 0.12 percent from 0.01 percent from the last year
Annualized earning per share declined to Rs.14.21 from 28.01. Net worth per share is Rs.126.14. PE ratio stands at 12.04 times. Cost of fund is Rs.6.88%
