Biratlaxmi & Gandaki  Bikas Bank earns Rs 10.11 crore & Rs 13.12 crore respectively in Q4

Biratlaxmi Bikas Bank Limited (BLDBL) has registered net profit of Rs 10.11 crore in the fourth quarter of the fiscal year 2072/73.The net profit increased by 6.81%. The figure stood at Rs 9.47 crore in the corresponding quarter for the previous fiscal year. Publicizing the unaudited quarterly report for the fourth quarter today, it stated that the net interest income has risen to Rs 21.95 crore  from Rs 20.05 crore in the corresponding quarter. It has collected deposits of Rs 5.07 arba and mobilized   Rs 3.03 arba in loan as compared to Rs 4.29 arba in deposit and Rs 2.76 arba in loan in the corresponding quarter last year. It has paid up capital of Rs 42.53 crore with reserve of Rs 17.98 crore. The bank’s non-performing loan (NPL) has also dropped to 0.42 percent from 0.52 percent in the same period of the previous fiscal year. Its EPS (annualized) now stands at Rs 23.78 and its net worth per share is priced at Rs 142.14. Its PE ratio is 16.82 times. Likewise, Gandaki Bikas Bank Limited (GDBL) has posted net profit rise of 20.56 percent for the fourth quarter of the fiscal year 2072/73. Publishing the unaudited quarterly report today, the development bank has stated that its net profit increased to Rs13.12 crore in the fourth quarter, up from Rs 10.88 crore in the corresponding quarter of the previous fiscal year 2071/72. The development bank’s net interest income increased to Rs 26.21 crore from Rs 22.48 crore in the corresponding quarter of the previous fiscal year. GDBL’s paid up capital remains at Rs 53.85 crore and Rs 21.67 crore in reserve. The development bank collected Rs 5.53 arba in deposit and extended loan worth Rs 4.61 arba. The deposits and loans were Rs 4.51 arba and Rs 3.84 arba respectively in the corresponding quarter of the previous fiscal year. The NPL of the bank increased to 0.19% from 0.13% in Q4. Its EPS stands at Rs 24.37 and net worth per share at Rs 140.24.