In the last FY, the company earned Rs 197.7 million in net profit which is 162.97 percent growth compared to the corresponding period of the previous FY.
An increase in net interest income and other operating income as well as low maintenance of provision for possible losses has boosted its net profit.
In the review period, its net interest income increased by 68.89 percent and other operating income by 0.59 percent. Similarly, its operating profit also increased by 1239.12 percent.
During the period, its paid-up capital increased by 19 percent and reserve fund by 33.44 percent. Likewise, its borrowing increased by 21.45 percent, deposits by 13.95 percent and loan extensions by 39.10 percent.
Along with net profit its EPS also increased by 20.16 to Rs 36.83. it has net worth per share of Rs 167.71 and P/E ratio of 38.80 times.
