The net profit increased by 85.99 percent compared to Rs 200 million of the corresponding period of the last FY.
Increase in net interest income and operating income can be attributed to the increase in net profit during the period.
In the review period, its net interest income increased by 41.25 percent to Rs 845.4 million. Similarly, its net fee and commission income increased by 45.81 percent during the period.
The bank logged distributable profit of Rs 940 million during the period.
The bank has increased its reserve fund by 349.45 percent. Similarly, its deposits increased by 2.37 percent and loan extensions by 8.52 percent.
In the review period, it has EPS of Rs 15.71, P/E ratio of 11.27 times and net worth per share of Rs 166.56. the bank logged non-performing loans of 0.25 percent during the period.
