Global IME Bank Reports 24.49% Growth in Q1 Net Profit to Rs. 2.31 Arba; EPS Rises to Rs. 23.35
Sun, Nov 1, 2026 12:06 PM on Financial Analysis, Highlight News, Company Analysis,
Global IME Bank Limited (GBIME) has reported a 24.49% growth in net profit for the first quarter of FY 2083/84, reaching Rs. 2.31 Arba compared to Rs. 1.86 Arba in the corresponding quarter of the previous fiscal year. The bank's paid-up capital increased by 4% to Rs. 39.64 Arba, while reserves grew by 2.91% to Rs. 27.97 Arba. Retained earnings declined by 52.06% to Rs. 2.07 Arba.
During the quarter, total deposits increased by 3.11% to Rs. 6.90 Kharba, while loans and advances grew by 7.49% to Rs. 4.72 Kharba. Net Interest Income increased by 1.46% to Rs. 4.19 Arba. Personnel expenses rose by 6.91% to Rs. 1.41 Arba, while impairment charges declined significantly by 51.70% to Rs. 48.83 Crores. Operating profit subsequently increased by 35.88% to Rs. 3.22 Arba.
The bank's distributable profit after profit/loss appropriation and regulatory adjustments stood at Rs. 2.07 Arba, compared to Rs. 4.85 Arba in the corresponding quarter. The capital adequacy ratio stood at 11.32%, while the Non-Performing Loan (NPL) ratio improved slightly to 4.79% from 4.98%. The cost of funds declined to 3.26% from 3.92%.
Global IME Bank's Earnings Per Share (EPS) increased by 19.70% to Rs. 23.35 from Rs. 19.51 in the corresponding quarter. However, net worth per share declined by 3.76% to Rs. 175.77 from Rs. 182.63. The bank's quarter-end PE ratio stood at 10.88 times, while its quarter-end market price was Rs. 254 per share.
* Figures are of Immediate Previous Year Quarter Ending
Major Highlights:
| Particulars (In Rs '000) | Global IME Bank Limited | ||
| Q1 2083/84 | Q1 2082/83 | Difference | |
| Paid Up Capital | 39,640,487.00 | 38,115,853.00* | 4.00% |
| Share Premium | 0.00 | 0.00 | |
| Retained Earnings | 2,070,220.00 | 4,318,721.00* | -52.06% |
| Reserves | 27,966,920.00 | 27,177,248.00* | 2.91% |
| Deposit | 690,000,018.00 | 669,171,448.00* | 3.11% |
| Loans & Advances | 471,964,928.00 | 439,088,554.00* | 7.49% |
| Net Interest Income | 4,193,254.00 | 4,133,063.00 | 1.46% |
| Personnel Expenses | 1,409,261.00 | 1,318,229.00 | 6.91% |
| Impairment Charges | 488,303.00 | 1,010,988.00 | -51.70% |
| Operating Profit | 3,222,529.00 | 2,371,636.00 | 35.88% |
| Net Profit | 2,313,800.00 | 1,858,650.00 | 24.49% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 2,070,220.00 | 4,849,506.00 | - |
| Capital Adequacy (%) | 11.32 | 12.98 | -12.79% |
| NPL (%) | 4.79 | 4.98 | |
| Cost of Fund (%) | 3.26 | 3.92 | -16.84% |
| EPS (In Rs.) | 23.35 | 19.51 | 19.70% |
| Net Worth per Share (In Rs.) | 175.77 | 182.63 | -3.76% |
| Qtr end PE Ratio (times) | 10.88 | - | - |
| Qtr End Market Price | 254 | - | - |
