Sahayogi Bikas Bank limited has posted 4.38 crore net profit in the second quarter of this FY 2074/75. Net profit is decreased by 22.47%. It has earned 5.65 crore in last year’s second quarter.
As per the report, net interest income of bank is decreased by 8.63% to 10.36 crore from 11.36 crore in the last year.
Deposit collection of 3.45 arba was made & floated in loan & adance2.84 arba.
Operating profit remains at 3.84 crore. It is decreased by 49.38% from 6.59crore in the last year.
Its paid up capital is 50.96 crore with 14.96 crore. Capital is increased by 61.9%.
Non- performing loan increased to 2.45% from 0.75%. Cost of fund is 7.54%. Credit to deposit ratio is 70.60%.
Annualized earning per share is Rs 17.22. Net worth per share stands at 129.26. PE stands at 14.23 times.
See quarter report of Miteri Development Bank; Net profit is 4.16 crore
