Janata Bank Q4 earning surges by whopping 77.81% to Rs 15.11 crore; EPS mere Rs 7.34
Thu, Aug 20, 2015 12:00 AM on Others,
ShareSansar, August 20:
Janata Bank Nepal Limited (JBNL) has registered modest profit rise of 77.81 percent by the end of the fourth quarter of the last fiscal year 2071/72.
According to the unaudited financial report published by the commercial bank today, its net profit has surged to Rs 15.11 crore in fourth quarter up from Rs 8.50 crore in the corresponding quarter of the last fiscal year 2070/71.
Janata Bank’s net interest income has risen to Rs 60.45 crore by the end of the fourth quarter as compared to Rs 53.71 crore in the corresponding quarter. It’s paid up capital remains at Rs 2.06 crore.
The bank also amassed huge amount of deposits in the Q4 of the ongoing fiscal year.
Deposits collection reached Rs 22.92 arba in Q4 from Rs 18.44 arba in the corresponding period last year.
Likewise, it has extended loans and advances of Rs 18.51 arba in Q4 whereas in the same period last year the figure stood at Rs 15.98 arba.
Meanwhile its non-performing loan has also risen to 1.86 percent in Q4 up from 1.02 percent in the previous year report.
Its Earning per share stand at Rs 7.34, net worth per share at 114.48, and the P/E ratio at 37 times.
