Sana Kisan profit increases 50.31% to Rs 11.52 crore

ShareSansar, May 14:

Sana Kisan Bikas Bank has reported an impressive growth in profit of 50.31%. The company’s net profit increased to Rs 11.52 crore in the third quarter of 2071/72 from Rs 7.66 crore reported in the corresponding period of fiscal year 2070/71.

The company’s borrowings stood at Rs 7.10 arba in this Q3, up from Rs 4.58 arba in the same period last year.

Sana Kisan extended loans and advances of Rs 7.43 arba in Q3 of current fiscal year, up from Rs 4.51 arba reported in the corresponding quarter of last fiscal year.

The company’s net Interest income grew to Rs 24.81 crore in the Q3 of 2071/72.

Sana Kisan managed to bring down its NPL impressively to 0.18% from 0.51% reported last year.

The company’s EPS stands at Rs 66.61 and net worth per share at Rs 424.72.