The bank earned net profit of Rs 272.4 million during the period. The net profit increased by 23.71 percent compared to Rs 220.2 million of the corresponding period of the last FY.
Increase in net fee and commission 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 merely 0.50 percent to Rs 671.7 million. Similarly, its net fee and commission income increased by 11.71 percent during the period.
The bank logged distributable profit of Rs 99 million during the period.
The bank has increased its reserve fund by 11.71 percent. Similarly, its deposits increased by 1.49 percent and loan extensions by 7.71 percent.
In the review period, it has EPS of Rs 13.06, P/E ratio of 19.81 times and net worth per share of Rs 124.95. the bank logged non-performing loans of 1.88 percent during the period.
