Biratlaxmi Bikas Bank Q4 profit rises by 39.92 %

ShareSansar, July 26;

Biratlaxmi Bikas Bank Limited (BLDBL) has posted a net profit of Rs 9.31 crore in the fourth quarter of fiscal year 2071/72. The profit rose by 39.92% compared to Rs 6.65 crore reported in the fourth quarter of fiscal year 2070/71.

The bank’s deposits increased to Rs 4.29 arba from Rs 3.85 arba reported in the fourth quarter of 2070/71. Likewise, loan and advances grew to Rs 2.76 arba from 2.36 arba in the corresponding period of fiscal year 2070/71.

The bank’s net interest income rose to Rs 20.04 crore and operating profit rose to Rs 14.63 crore.

Biratlaxmi Bikas Bank’s paid up capital stands at  Rs 34.02 crore and the Bank has Rs 16.64 crore in its reserve.  

The Bank’s CD Ratio is at 58.42% and NPL at 0.52 %.

The Bank’s EPS (annualized) stands at Rs 27.36, net worth per share at Rs 147.92.