Tinau Development Bank (TNBL) has posted fall in Net profit by 30.95 percent in the third quarter of fiscal year 2074/75.
As per the published report, the development bank posted fall in net profit to Rs. 5.38 crore from Rs. 7.80 crore in the corresponding quarter of fiscal year 2073/74.
The development bank has collected deposit of Rs. 4.48 arba & floated in loan & advances of Rs.3.79 arba. Whereas it has collected deposit of Rs.3.67 arba & floated in loan of Rs.3.21 arba in the last fiscal year.
Its net interest income decreased to Rs. 12.01 crore from Rs.15.05 crore in the corresponding quarter of FY 2073/75. Operating profit in increased by 39.75%.
Its paid up capital is Rs. 50.69 crore with reserve of Rs.12.97
Its Non-performing loan stands at 0.37 percent. Its cost of fund is 8.96% & CD ratio is 74.20%
Annualized earning per share stands at Rs.14.17 & net worth per is Rs. 125.60
PE ratio stands at 14.82 times.
