Biratlaxmi’s Q3 profit rises by 32.47% to Rs 6.12 crore

ShareSansar, April 22:

Biratlaxmi Bikas Bank Limited has posted a profit rise of 32.57% in the third quarter of the current fiscal year 2071/72.

In an unaudited quarterly report for the third quarter published today, the bank has posted a net profit of Rs 6.12 crore in the third quarter, up from Rs 4.62 crore in the corresponding quarter of the previous fiscal year 2070/71.

Biratlaxmi net interest income has risen to Rs 13.77 crore, up from Rs 11.47 crore in the corresponding quarter.
It has mobilized Rs 4.48 arba in deposits and Rs 2.74 arba in loans at the end of the Q3.

The bank’s non-performing loan (NPL) has dropped to 0.93 percent from 1.25 percent in the same period of the previous fiscal year.
Its EPS (annualized) now stands at Rs 24.01 and its net worth per share is valued at Rs 139.52.