As per the report, the bank earned above Rs 7 billion in the review period.
During the period, the bank earned net profit of Rs 7.25 billion which is 46.26 percent growth compared to Rs 4.95 billion of the previous FY.
Increase in net interest income and operating profit can be attributed to the increase in net profit.
The bank has distributable profit of Rs 2.95 billion which means it can distribute Rs 8.27 profit per share.
In the review period, it raised its net interest income by 66.37 percent, net fee and commission income by 22.48 percent, total operating income by 52.49 percent and operating profit by 44.26 percent.
Although the bank increased its net profit, its EPS declined by Rs 0.56 to Rs 20.28. The bank maintained P/E ratio of 8.96 times and net worth per share of Rs 164.05.
The bank with Rs 35.77 billion in paid-up capital has reserve fund of Rs 22.91 billion. During the period, its deposit increased by 53.93 percent and loan extensions by 38.09 percent.
