Kamana Sewa Bikas Bank Limited Reports Decline In Net Profit In Q2? Here's Why

Tue, Jan 18, 2022 9:20 AM on Company Analysis, Latest,

Kamana Sewa Bikas Bank Limited (KSBBL) has reported impressive growth of 41.51% in Operating Profit in the second quarter for the FY 2078-79 and has reached Rs 49.09 Crores from Rs. 34.69 crore in the corresponding year.

With no Non-operating income compared to the corresponding quarter, Net Profit declined by 11.89% in this quarter.

Deposit of the bank has increased to 47.73 Arab whereas Loan and Advances have increased to 43.01 Arab which is a growth of 7.99% and 31.66% respectively over the same quarter previous year.

Bank’s Paid-up Capital and Reserve and Surplus are 3.14 Arab and 1.03 arba.

Bank’s Capital Adequacy ratio is 12.32% and NPL stood at 1.77%.

Annualized EPS stood at Rs. 21.87. Similarly, Bank’s PE ratio is 25.74 times and Networth per share is 133.02.

Click here for the Q2 report

Particulars

Kamana Sewa Bikas Bank Limited

Q2, 2078/2079

Q2, 2077/2078

Difference

Paid-Up Capital

3,142,577.02

2,651,963.73

-

Reserve & Surplus

1,037,822.73

1,186,276.57

-12.51%

Deposit from Customers

47,732,478.97

44,200,605.72

7.99%

Loans & Advances

43,013,537.30

38,580,550.84

11.49%

Net Interest Income

905,960.77

688,089.71

31.66%

Impairment Charge/(Reversal) for loans

98,234.46

24,714.98

-

Operating Profit

490,973.93

346,956.63

41.51%

Net Profit

343,681.75

390,047.75

-11.89%

Capital Adequacy (%)

12.32%

11.43%

-

NPL (%)

1.77%

1.59%

-

Cost of fund (%)

7.24%

6.48%

-

EPS (Rs.)

21.87

29.42

-

Net worth per share (Rs.)

133.02

144.73

-

Qtr end PE ratio (Times)

25.74

-

-

Qtr End Market Price

563

-

-