As per the financial report published under NFRS format, the bank increased the net profit by Rs 309 million compared to the second quarter. In the second quarter, the bank earned the net profit of Rs 694.2 million.
In the third quarter, the bank earned Rs 616 million in distributable profit after allocating funds under various headings. The bank maintained general reserve of 200.6 million, CSR provision of Rs 3.3 million, employee training provision of Rs 6.1 million and regulatory reserve fund of Rs 654.1 million.
During the third quarter, the bank collected deposit of Rs 69.04 billion and extended loan of Rs 69.59 billion. Similarly, it earned a net interest income of Rs 2.33 billion and operating profit of Rs 1.42 billion.
The bank with Rs 7.16 billion in paid-up capital has EPS of Rs 18.67 and reserve fund of Rs 2.16 billion. Meanwhile, the bank maintained bad debt ratio of 1.41, net worth per share of Rs 160.77 and P/E ratio of 13.87 times.
