During the period, the bank earned a net profit of Rs 3.25 billion. The net profit increased by 44.56 percent compared to the corresponding period of the previous FY.
An increase in net interest income and operating profit helped to boost its net profit.
In the review period, its net interest income increased by 28.26 percent and net fee commission income by 56.32 percent. Similarly, its operating profit increased by 43.77 percent. The impairment charge of the bank increased to Rs 775.7 million from earlier Rs 766.2 million.
The bank maintained distributable profit of Rs 2.66 billion.
The bank increased its paid-up capital by 15 percent and reserve fund by 9.13 percent. During the period, its deposits increased by 29.06 percent and loan extensions by 22.59 percent.
The bank has EPS of Rs 20.24, P/E ratio of 23.67 times and net worth per share of Rs 148.76.
