During the period, the bank earned a net profit of Rs 2.11 billion. The net profit increased by 72.74 percent compared to the corresponding period of the previous FY.
Increase in net interest income, other operating income and operating profit helped to increase its net profit during the period.
The bank maintained a distributable profit of Rs 1.09 billion during the period.
In the review period, its net interest income increased by 46.56 percent and net fee commission income by 56.98 percent. Similarly, its operating profit increased by Rs 69.16 percent.
Inthe period, its impairment charge increased to Rs 540 million.
Along with its net profit its EPS also increased by Rs 5.17 to Rs 14.42. Similarly, it logged P/E ratio of 25.72 times and net worth per share of Rs 163.89.
During the period, its reserved fund increased by 7.83 percent, deposits by 27.58 percent and loan extensions by 24.64 percent.
