As per the report, the company raised its net profit during the period compared to the corresponding period of the last FY.
In the review period, the company earned net profit of Rs 38.8 million. The net profit increased by 17.48 percent compared to Rs 33 million of the review period of the last FY.
Increase in net interest income and net fee and commission income can be attributed to the increase in net profit.
During the period, its net interest income increased by 71.57 percent while its net fee and commission income increased by 2888.70 percent. Similarly, its total operating income increased by 78.89 percent and operating profit by 16.67 percent.
The company that acquired Rastra Utthan Laghubitta has distributable profit of Rs 123.3 million.
However, its EPS declined to Rs 8.07. it has P/E ratio of 91.11 times and net worth per share of Rs 158.99.
The company with Rs 641.6 million in paid-up capital has reserve fund of Rs 378.4 million. During the period, it collected deposit and borrowed Rs 8.89 billion and extended loan of Rs 9.73 billion.
