Himalayan Bank posts a modest 13.70% rise in profit to Rs 90.15 crore
Sun, May 17, 2015 12:00 AM on Others,
Sharesansar May 17:
Himalayan Bank Limited (HBL) has posted 13.70 % rise in net profit for the third quarter of the current fiscal year 2071/72.
Publishing the unaudited financial report for the quarter today, the bank has stated that its net profit rose to Rs 90.15 crore from Rs 79.28 crore in the corresponding quarter of the last fiscal year 2070/71.
The bank has mobilized deposits of Rs 68.30 arba in the 3rd quarter compared to Rs 62.91 arba in the corresponding quarter last year. Likewise, it extended loans of Rs 55.50 arba, up from Rs 45.71 arba.
The bank’s net interest income has slightly risen from Rs 1.79 arba in the corresponding quarter last year to Rs 1.93 arba in the third quarter of 2071/72.
It posted an operating profit of Rs 1.38 arba.
The bank’s non-performing loan has gone down from 2.84 % in the third quarter of the last fiscal to 2.02 % by the end of the third quarter of the current fiscal.
Its EPS now stands at Rs 36.07, net worth per share at Rs 209.59, PE ratio at 23.15 times and CD ratio at 79.12%.
