During the period, the bank earned a net profit of Rs 1.63 billion. The net profit increased by 28.89 percent 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, its net interest income increased by 12.02 percent and net fee commission income by 19.49 percent. Similarly, its operating profit increased by 28.84 percent. Meanwhile, its impairment charge decreased to Rs 497.2 million from Rs 587.9 million.
The bank increased its paid-up capital by 7.03 percent and reserve fund by 22.56 percent. During the period, its deposits increased by 26.44 percent and loan extensions by 22.74 percent.
Along with its net profit, its EPS increased by Rs 3.06 to Rs 18.01. It has P/E ratio of 21.37 times and net worth per share of Rs 142.
