Kailash Bikas Bank's annualized EPS till Q2 at Rs 21.62; Net profit of Rs 31.51 crore

Wed, Feb 12, 2020 5:19 PM on Financial Analysis, Latest, Stock Market,
Kailash Bi...

Kailash Bikas Bank Limited (KBBL) has reported an increase in net profit by 7.18% in the second quarter of the fiscal year 2076/77.

As per the report published in the newspaper, the development bank has stated that its net profit increased to Rs 31.51 crore in Q2 from Rs 29.40 crore reported in the corresponding quarter of the previous fiscal year 2075/76.

It has collected deposits of Rs 31.43 arba and floated loans of Rs 27.55 arba in Q2 of the fiscal year 2076/77.

It’s paid-up capital remains at Rs 2.92 arba and reserve at Rs 88.38 crore.

The development bank’s non-performing loan (NPL) increased to 0.37% from 0.33%.

The annualized EPS of KBBL stands at Rs 21.62 and Net worth per share stands at Rs 138.27. Its P/E ratio stands at 9.48 times. The company is in acquisition process by Prime Commercial Bank Limited.

Second Quarter Report