Sana Kisan Bikas Bank Limited (SKBBL) has posted meager growth in net profit by 3.65% to Rs 8.20 crore in the first quarter (Q1) of fiscal year 2074/75.
Publishing the unaudited financial report for the first quarter today, the microfinance institution has stated that its operating profit increased to Rs 12.88 crore in Q1 from Rs 12.43 crore in the corresponding quarter of the last fiscal year.
The micro finance institution’s borrowing remains to be Rs 12.85 arba. Likewise, it has extended loans and advances of Rs 14.49 arba in Q1 of FY 2074/75 whereas in the same period last year the figure stood at Rs. 11.27 arba.
It has a paid up capital of Rs 50.30 crore and has Rs 1.19 arba in reserve and surplus. It had announced 25 % bonus from the net profit of FY 2073/74. After bonusshares, its paid up capital will reach to Rs 62.87 crore.
Its non- performing loan (NPL) increased to 0.12 % in Q1 from 0.11 % in the first quarter of the last fiscal year.
SKBBL’s earning per share (EPS) has decreased to Rs 65.22 in Q1 from Rs 78.66 previous year. Its net worth per share stands at Rs 337.17 and P/E ratio at 23.92 times.
Major Highlights:
| Particulars (In Rs '000) |
SKBBL |
| Q1 2074/75 |
Q1 2073/74 |
Difference |
| Paid Up Capital |
503,062 |
402,449 |
25.00% |
| Reserve & Surplus |
1,193,119 |
995,184 |
19.89% |
| Deposits |
- |
- |
#DIV/0! |
| Borrowings |
12,850,076 |
9,703,747 |
32.42% |
| Loans & Advances |
14,497,554 |
11,273,951 |
28.59% |
| Net Interest Income |
163,332 |
147,425 |
10.79% |
| Provision for possible losses |
13,539 |
6,756 |
100.40% |
| Operating Profit |
128,892 |
124,359 |
3.65% |
| Net Profit |
82,022 |
79,137 |
3.65% |
| NPL (%) |
0.12 |
0.11 |
9.09% |
| Annualized EPS (In Rs.) |
65.22 |
78.66 |
-17.08% |
| Net Worth per Share (In Rs.) |
337.17 |
347.28 |
-2.91% |
| P/E Ratio (In times) |
23.92 |
- |
- |
