Excel Development Bank Net Profit Declines By 14.72% in Q4; EPS at Rs. 9.90 and Net Worth Per Share at Rs. 144.31
Thu, Aug 4, 2022 1:31 PM on Latest, Financial Analysis, Stock Market,
Excel Development Bank Limited (EDBL) has published its fourth-quarter report for the FY 2078/2079 with a decline in Net Profit of 14.72%. The bank’s Net Profit decreased from Rs. 13.3 crore in the fourth quarter of the fiscal year 2077/2078 to Rs. 11.4 crore in the fourth quarter of fiscal year 2078/2079.
The bank’s deposit from customers rose by 6.69% to Rs. 11.75 Arba whereas loans and advances have also increased by 11.30% to Rs. 10.23 Arba in the Q4 of FY 2078/2079.
The bank has Rs. 44.27 crores as distributable profit for the fourth quarter of FY 78/79.
Likewise, The paid-up capital of bank stands at Rs. 1.15 Arba. Also, the Non-performing loan (NPL) decreased to 2.79%.
In Q4, 2078/2079, the EPS of the bank stands at Rs. 9.90. The net worth per share stood at Rs. 144.31.
Major financial highlights
