Deprosc Lagubitta Bikas Bank Limited (DDBL) has earned net profit of Rs 20.85 crore in the third quarter of the fiscal year 2073/74.
As per its unaudited third quarterly report, its net profit has increased by 36.80% as compared to its previous year’s report. Its net interest income has increased by 32.24% in the same period, and now stands at Rs 45.03 crore.
In this period, DDBL has been able to increase its borrowings by 17.04% which has now reached Rs 2.89 arba with deposit of Rs 1.53 arba. Likewise, its loans have increased to Rs 5.06 arba – almost 44% increase.
As of Q3, its paid up capital stands at Rs 34.81 crore, reserve at Rs 38.96 crore net worth per share at Rs 211.91. Its annualized EPS has now reached Rs 79.87.
After the adjustment of its recently concluded rights shares, the microfinance company’s total paid-up capital will reach Rs 51.58 crore. The microfinance has authorized capital of Rs 60 crore.
Major Highlights:
| Indicators (in Rs) |
FY 2073/74 Q3 |
FY 2072/73 Q3 |
Difference (%) |
| Paid Up Capital |
348,197,191 |
257,923,845 |
35.00% |
| Reserve and Surplus |
389,663,635 |
291,145,406 |
33.84% |
| Borrowings |
2,897,384,489 |
2,475,653,788 |
17.04% |
| Deposits |
1,530,546,627 |
1,059,309,335 |
44.49% |
| Loans and Advances |
5,067,797,820 |
3,522,440,518 |
43.87% |
| Net Interest Income |
450,346,679 |
340,553,028 |
32.24% |
| Provision |
59,025,068 |
58,079,770 |
1.63% |
| Write Back |
45,849,369 |
42,092,299 |
8.93% |
| Operating Profit |
281,868,655 |
197,463,210 |
42.74% |
| Net Profit |
208,587,883 |
152,474,916 |
36.80% |
| Capital Adequacy Ratio |
14.81% |
15.26% |
- |
| NPL |
0.70% |
0.73% |
-4.11% |
| Cost of Fund |
8.07% |
5.24% |
|
| CD Ratio (as per NRB) |
29.77% |
29.64% |
- |
| EPS (Annualized) |
79.87 |
78.82 |
1.33% |
| PE Ratio |
26.03 |
|
|
| Networth Per Share |
211.91 |
|
|
