The company increased its net profit by 73.92 percent to Rs 619.4 million in the fourth quarter of the last FY compared to the corresponding period of the previous FY.
Increase in net interest income and operating profit can be attributed to the increase its net profit.
In the review period, the net interest income of the company increased by 15.66 percent and other operating income by 46.04 percent. During the period, it increased its operating profit by 48.89 percent and recovered bad debt of Rs 141.5 million.
In the review period, the company raised its paid-up capital by 19 percent and reserve fund by 28.36 percent. Its borrowing increased by 3.11 percent, deposits by 14.41 percent and loan extensions by 13.98 percent.
The company logged EPS of Rs 65..69, net worth per share of Rs 285.46 and P/E ratio of 25.25 times.
