An increase in net interest income, as well as reversed impairment charge, increased its net profit. The bank logged a distributable profit of Rs 1.50 billion.
During the period, the net interest income of the bank inclined to Rs 2.86 billion and operating profit to Rs 2.29 billion.
The bank with Rs 14.44 billion in paid-up capital has a reserve fund of Rs 5.10 billion and retained earnings of Rs 3.49 billion.
The bank logged EPS of Rs 22.50, net worth per share of Rs 160.41 and P/E ratio of 19.73 times.
The bank collected deposits of Rs 142.56 billion and extended loans of Rs 137.29 billion. During the period, the non-performing loan of the bank decreased to 2.38 percent from 1.96 percent.
The bank logged base rate of 7.40 percent and spread rate of 4.03 percent.
