Apex & Kabeli Dev. Bank earns Rs. 8.27 crore & Rs. 92.59 lakh respectively in Q2
Wed, Feb 17, 2016 11:40 AM on Latest, Financial Analysis, Featured,
Apex Development Bank Limited (APEX) has earned net profit of Rs 8.27 crore in the second quarter of the current fiscal year 2072/73.
According to the unaudited quarterly report for the second quarter published today, the development bank has amassed a net profit of Rs 8.27 crore in the second quarter of fiscal year 2072/73 from the loss of Rs 2.73 crore in the corresponding quarter of the previous year 2071/72.
Apex’s net interest income has risen to Rs 11.69 crore in Q2, up from Rs 2.99 crore in the corresponding quarter.
It has collected Rs 6.73 arba in deposits and disbursed Rs 5.05 arba in loans as compared to Rs 5.23 arba in deposits and Rs 4.19 arba in loans in the corresponding quarter last year.
The development bank non-performing loan (NPL) has drop to 3.18% in Q2 from 7.01% in the last year report. The bank’s paid up capital remains at Rs 66.65 crore with reserve of Rs 1.11 crore in Q2.
Its earning per share (EPS) stands at Rs 12.82, net worth per share is at Rs 101.68 and P/E ratio at 12.486 times.
Also, Kabeli Bikas Bank Limited (KEBL) reported a massive profit rise of 78.91% in the second quarter of the current fiscal year.
In the unaudited financial report published today, the development bank has stated its net profit has increased to Rs 92.59 lakh in Q2 as compared to Rs 51.75 lakh in the corresponding quarter of the previous fiscal year.
Similarly, its net interest income has surged to Rs 2.06 crore in Q2 up from Rs 1.47 crore in the corresponding quarter of the previous fiscal year.
KEBL has collected Rs. 54.65 crore in deposits and has extended Rs 40.89 crore in loan and advances in Q2. Its paid up capital remains at Rs 5.31 crore with reserve of Rs 3.36 crore.
It can also be noted that the bank non performing loan has drop to 1.37% in Q2 from 1.55% in the corresponding quarter.
Kabeli Development Bank annualized earning per share (EPS) stand at Rs. 34.99, networth per share is at Rs 163.49. % and P/E ratio stands at 12.93 times.
Apex’s net interest income has risen to Rs 11.69 crore in Q2, up from Rs 2.99 crore in the corresponding quarter.
It has collected Rs 6.73 arba in deposits and disbursed Rs 5.05 arba in loans as compared to Rs 5.23 arba in deposits and Rs 4.19 arba in loans in the corresponding quarter last year.
The development bank non-performing loan (NPL) has drop to 3.18% in Q2 from 7.01% in the last year report. The bank’s paid up capital remains at Rs 66.65 crore with reserve of Rs 1.11 crore in Q2.
Its earning per share (EPS) stands at Rs 12.82, net worth per share is at Rs 101.68 and P/E ratio at 12.486 times.
Also, Kabeli Bikas Bank Limited (KEBL) reported a massive profit rise of 78.91% in the second quarter of the current fiscal year.
In the unaudited financial report published today, the development bank has stated its net profit has increased to Rs 92.59 lakh in Q2 as compared to Rs 51.75 lakh in the corresponding quarter of the previous fiscal year.
Similarly, its net interest income has surged to Rs 2.06 crore in Q2 up from Rs 1.47 crore in the corresponding quarter of the previous fiscal year.
KEBL has collected Rs. 54.65 crore in deposits and has extended Rs 40.89 crore in loan and advances in Q2. Its paid up capital remains at Rs 5.31 crore with reserve of Rs 3.36 crore.
It can also be noted that the bank non performing loan has drop to 1.37% in Q2 from 1.55% in the corresponding quarter.
Kabeli Development Bank annualized earning per share (EPS) stand at Rs. 34.99, networth per share is at Rs 163.49. % and P/E ratio stands at 12.93 times.
