Kabeli Bikas Bank reports profit of Rs. 1.03 crore; Reserve decreases by 28.95% and EPS stands at Rs. 7.31
Mon, Jan 28, 2019 10:31 AM on Financial Analysis, Latest, Stock Market,
Kabeli Bikas Bank Limited (KEBL) has reported rise in its net profit in the second quarter of the current fiscal year 2075/76.
According to the unaudited financial report published by the development bank today, its net profit has risen to Rs 1.03 crore in second quarter, from Rs 80.18 lakh in the corresponding quarter of the last fiscal year 2074/75. The operating profit also surged to Rs 1.48 crore in Q2 from Rs 1.18 crore as compared to the corresponding quarter of last fiscal year.
KEBL’s net interest income has also increased to Rs 3.75 crore in the second quarter as compared to Rs 2.58 crore in the corresponding quarter last year. Its deposits collection increased to Rs 86.70 crore in Q2 from Rs 65.90 crore in the corresponding period last year.
Up to the end of Q2, it extended loans and advances of Rs 78.32 crore whereas in the same period last year, the figure stood at Rs 57.88 crore.
Its non-performing loan has increased in this period to 4.41% compared to 4.11% in corresponding quarter.
Its paid up capital now stands at Rs 28.43 crore whereas KEBL reports to decrease in reserve and surplus to Rs 4.11 crore in Q2 from Rs 5.79 crore in corresponding quarter.
However, its earnings per share (EPS) stand at Rs. 7.31 in Q2. Its net worth per share stand at Rs. 114.48 per share.
Major Highlights:
|
Particulars (In Rs '000) |
Kabeli Bikas Bank Limited |
||
|---|---|---|---|
|
Q2 2075/76 |
Q2 2074/75 |
Difference |
|
|
Paid Up Capital |
284,297 |
114,760 |
147.73% |
|
Reserve & Surplus |
41,159 |
57,932 |
-28.95% |
|
Deposits |
867,048 |
659,077 |
31.55% |
|
Borrowings |
0 |
0 |
- |
|
Loans & Advances |
783,224 |
578,798 |
35.32% |
|
Net Interest Income |
37,550 |
25,816 |
45.45% |
|
Provision for possible losses |
6,719 |
6,699 |
0.29% |
|
Operating Profit |
14,824 |
11,859 |
25.00% |
|
Net Profit |
10,385 |
8,018 |
29.53% |
|
NPL (%) |
4.41 |
4.11 |
7.30% |
|
Annualized EPS (In Rs.) |
7.31 |
13.97 |
-47.71% |
|
Net Worth per Share (In Rs.) |
114.48 |
150.48 |
-23.93% |
