How did Shangrila Development Bank perform in the second quarter? See the major highlights
Tue, Jan 29, 2019 10:54 AM on Financial Analysis, Latest, Stock Market,
Shangrila Development Bank Limited (SADBL) has earned Rs 18.96 crore in the second quarter of the fiscal year 2075/76. The bank has posted increment in profit by 16.72 percent in the second quarter. In the previous year corresponding quarter, the net profit figure was Rs 16.01 crore.
Publishing the unaudited financial report today, its net interest income rose to Rs 46.83 crore from Rs 35.61 crore in corresponding quarter of the previous fiscal year.
The development bank has collected deposits of Rs 18.39 arba in the Q2 up from Rs 14.70 arba in the corresponding quarter. Likewise, it has extended loans and advances of Rs 16.73 arba in Q2 whereas in the same period last year the figure stood at Rs 12.96 arba.
The development bank’s paid-up capital stands at Rs 2.60 arba with Rs 67.50 crore as reserve.
SADBL’s Earning per Share (EPS) stand at Rs 14.35 and its net worth per share at Rs. 125.90.
Major Highlights:
|
Particulars (In Rs '000) |
SADBL |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
2,606,640 |
1,358,475 |
91.88% |
|
Reserve & Surplus |
675,043 |
732,112 |
-7.80% |
|
Deposits |
18,397,663 |
14,707,817 |
25.09% |
|
Borrowings |
703,700 |
- |
- |
|
Loans & Advances |
16,735,728 |
12,966,351 |
29.07% |
|
Net Interest Income |
468,380 |
356,117 |
31.52% |
|
Provision for possible losses |
10,893 |
21,951 |
-50.38% |
|
Operating Profit |
293,542 |
251,711 |
16.62% |
|
Net Profit |
186,967 |
160,182 |
16.72% |
|
NPL (%) |
1.24 |
0.85 |
45.88% |
|
Annualized EPS (In Rs.) |
14.35 |
23.58 |
-39.17% |
|
Net Worth per Share (In Rs.) |
125.90 |
153.89 |
-18.19% |
