Net profit reaches Rs. 63.52 crore; EPS stands at Rs. 18.10
Kamana Sewa Bikas Bank has published its unaudited financial report for the fourth quarter of fiscal year 2080/81. According to the report, the bank’s net profit increased by 9.19% to Rs. 63.52 crore, compared to Rs. 58.18 crore in the same period of the previous year. The growth in profit was primarily driven by an increase in net interest income and operating profit.
During the review period, the bank’s net interest income rose by 5.25% to Rs. 2.24 arba, while operating profit increased by 1.97% to Rs. 98.69 crore. Net fee and commission income also grew by 15.04%, whereas total operating expenses rose by 4.19%. The impairment charge climbed 16.87% to Rs. 41.74 crore. The bank’s non-performing loan (NPL) ratio increased slightly by 0.02 percentage points to reach 3.38%.
Kamana Sewa Bikas Bank collected total deposits of Rs. 62.83 arba, marking a 6.38% year-on-year increase. Similarly, loan disbursement reached Rs. 49.96 arba, an 8.67% growth compared to the same period last year.
The bank’s paid-up capital currently stands at Rs. 3.51 arba. It has accumulated Rs. 60.74 crore in distributable profit and Rs. 1.78 arba in its reserve fund. The earnings per share (EPS) for the review period reached Rs. 18.10, while the distributable EPS stood at Rs. 17.30. The net worth per share was reported at Rs. 168.13, and the price-to-earnings (P/E) ratio was 27.69 times.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
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