Kailash Bikas Bank reports net profit of Rs 61.6 crore for Q4 of 2075/76; EPS stands at Rs 24.46
Thu, Aug 15, 2019 3:07 PM on Financial Analysis, Latest,
Kailash Bikas Bank Limited (KBBL) has reported increase in net profit by 12.19% in the fourth quarter of the fiscal year 2075/76.
As per the report published in newspaper, the development bank has stated that its net profit increased to Rs 61.64 crore in Q4 from Rs 54.94 crore reported in the corresponding quarter of the previous fiscal year 2074/75.
It has collected deposits of Rs 31.44 arba and floated loans of Rs 27.78 arba in Q4 of the fiscal year 2075/76.
It’s paid up capital remains at Rs 2.52 arba and reserve has increased to Rs 1.27 arba.
The development bank’s non-performing loan (NPL) decreased to 0.24% from 0.32%.
The annualized EPS of KBBL stands at Rs 24.46 and Net worth per share stands at Rs 150.74. Its annualized P/E ratio stands at 9.73 times. The bank is in acquisition process by Prime Commercial Bank Limited.
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