Sahayogi Bikas Bank has published its first quarter report of FY 2075/76.
As per the published report, the development bank has reported surged in net profit to Rs.1.28 crore in this Q1 from loss of Rs 1.01 crore in the corresponding quarter of last fiscal year 2074/75.
It has deposit collection of Rs. 4.31 arba and disbursed in loan & advances of Rs. 3.34 arba. Deposit collection grown by 27.87% & loan expansion increased by 23.27%.
Its net interest income increased to Rs 4.62 crore from Rs.3.20 crore in the last corresponding quarter. It has operating profit of Rs.1.73 crore from loss of Rs 1.45 lakh in the last year.
Its paid up capital is Rs.50.96 crore with reserves fund of Rs.23.66 crore.
Its non performing loan (NPL) stands at 1.23%. Cost of fund is 7.12% and CCD ratio is 67.29%.
Annualized earning per share is Rs.10.12, net worth per share is Rs.146.43 and PE ratio stands at 21.54 times.
