Deva Bikas Bank reports a meagre rise of 2.71% in net profit for Q4 of FY 2075/76; EPS stands at Rs 12.25 for the period

Deva Bikas Bank Limited (DBBL) has reported an increase of 2.71% in the net profit in the fourth quarter of the current FY 2075/76.

According to the unaudited financial report published by the National level development bank, its net profit has reached to Rs 38.91 crore in the fourth quarter, from Rs 27.88 crore in the corresponding quarter of the last fiscal year 2074/75.

DBBL’s net interest income has risen to Rs 92.86 crore in the fourth quarter as compared to Rs 68.55 crore in the corresponding quarter. Its deposits collection reached Rs 21.78 arba in Q4 from Rs 14.27 arba in the corresponding period last year.

Likewise, it has extended loans and advances of Rs 20.07 arba in Q4 whereas in the same period last year, the figure stood at Rs 13.29 arba.

Annualized Earning per share (EPS) of DBBL stands at Rs 12.25 down from 14.95 of last year.

Its paid up capital and reserves remain at Rs 3.17 arba and Rs 48.59 crore respectively.

Q4 report