In the review period, the company earned net profit of Rs 209.2 million which is 248.28 percent growth compared to Rs 68.9 million of the review period of the previous FY.
Increase in net interest income and operating profit can be attributed to the increase in net profit.
During the period, the company raised its net interest income by 67.47 percent and net fee and commission income by 9.76 percent. Similarly, its total operating income increased by 50.05 percent and operating profit by 255.36 percent. During the period, the company earned distributable profit of Rs 163.6 million.
Along with its net profit, its EPS increased by Rs 19.18 to Rs 28.55. The company maintained net worth per share of Rs 172.90 and P/E ratio of 31.38 times.
The company with Rs 733 million in paid-up capital has reserve fund of Rs 534.3 million. It earned deposit and borrowing of Rs 9.66 billion and loan extension of Rs 10.44 billion.
