Kamana Sewa & Garima Bikas Bank massive fall in EPS by more than 50% to Rs 13.19 & Rs 14.25 respectively
Mon, Jan 22, 2018 10:25 AM on Latest, Financial Analysis, Featured, Stock Market,
Kamana Sewa Bikas Bank Limited (KSBBL) and Garima Bikas Bank Limited (GBBL) have published their second quarter report for the ongoing fiscal year 2074/75.
Major Highlights:
Kamana Sewa Bikas Bank has registered 35.26 % hike in net profit in the second quarter of the current fiscal year 2074/75. Its net profit has surged to Rs 13.61 crore in second quarter hike from Rs 10.05 crore in the corresponding quarter of the fiscal year 2073/74.
According to the unaudited financial report published by the development bank today, Kamana Sewa Bikas Bank’s net interest income has risen to Rs 30.87 crore in Q2 as compared to Rs 20.76 crore in the corresponding quarter.
It’s paid up capital remains at Rs 2.06 arba with Rs 96.42 crore in its reserve. Its paid up capital will reach to Rs 2.36 arba from existing Rs 2.06 arba after adjustment of 15% right shares. To meet the capital requirement of Rs 2.5 arba, it should hike its capital by Rs 14 crore (around 5.93%).
The development bank also amassed huge amount of deposits in the Q2 of the ongoing fiscal year. Deposits collection reached Rs 13.87 arba in Q2 from Rs 6.89 arba in the corresponding period last year.
Likewise, it has extended loans and advances of Rs 12.39 arba in Q2 of FY 2074/75 whereas in the same period last year the figure stood at Rs 6.18 arba.
Its non-performing loan has risen to 2.13 percent in Q2 up from 1.48 percent in the previous year report.
KSBBL’s earning per share (EPS) stand at Rs 13.19, Net worth per share at 146.74.
Garima Bikas Bank Limited (GBBL) has stated 13.17% hike in net profit in the second quarter of the current fiscal year 2074/75. Its net profit has surged to Rs 18.05 crore in second quarter hike from Rs 15.95 crore in the corresponding quarter of the fiscal year 2073/74.
According to the unaudited financial report published by the development bank today,
its net interest income has risen to Rs 43.79 crore in Q2 as compared to Rs 34.34 crore in the corresponding quarter.
It’s paid up capital remains at Rs 2.53 arba (inclusive of 15% bonus shares from the net profit of FY 2073/74) with Rs 46.99 crore in reserve.
The development bank also huge amount of deposits in the Q2 of the ongoing fiscal year. Deposits collection reached Rs 17.41 arba in Q2 from Rs 13.37 arba in the corresponding period last year.
Likewise, it has extended loans and advances of Rs 15.75 arba in Q2 of FY 2074/75 whereas in the same period last year the figure stood at Rs 11.71 arba.
Its non-performing loan has fallen to 0.47 percent in Q2 up from 0.84 percent in the previous year report.
GBBL’s earning per share (EPS) stand at Rs 14.25, Net worth per share at Rs 118.54 and P/E ratio at 13.62 times.
Kamana Sewa Bikas Bank has registered 35.26 % hike in net profit in the second quarter of the current fiscal year 2074/75. Its net profit has surged to Rs 13.61 crore in second quarter hike from Rs 10.05 crore in the corresponding quarter of the fiscal year 2073/74.
According to the unaudited financial report published by the development bank today, Kamana Sewa Bikas Bank’s net interest income has risen to Rs 30.87 crore in Q2 as compared to Rs 20.76 crore in the corresponding quarter.
It’s paid up capital remains at Rs 2.06 arba with Rs 96.42 crore in its reserve. Its paid up capital will reach to Rs 2.36 arba from existing Rs 2.06 arba after adjustment of 15% right shares. To meet the capital requirement of Rs 2.5 arba, it should hike its capital by Rs 14 crore (around 5.93%).
The development bank also amassed huge amount of deposits in the Q2 of the ongoing fiscal year. Deposits collection reached Rs 13.87 arba in Q2 from Rs 6.89 arba in the corresponding period last year.
Likewise, it has extended loans and advances of Rs 12.39 arba in Q2 of FY 2074/75 whereas in the same period last year the figure stood at Rs 6.18 arba.
Its non-performing loan has risen to 2.13 percent in Q2 up from 1.48 percent in the previous year report.
KSBBL’s earning per share (EPS) stand at Rs 13.19, Net worth per share at 146.74.
Garima Bikas Bank Limited (GBBL) has stated 13.17% hike in net profit in the second quarter of the current fiscal year 2074/75. Its net profit has surged to Rs 18.05 crore in second quarter hike from Rs 15.95 crore in the corresponding quarter of the fiscal year 2073/74.
According to the unaudited financial report published by the development bank today,
its net interest income has risen to Rs 43.79 crore in Q2 as compared to Rs 34.34 crore in the corresponding quarter.
It’s paid up capital remains at Rs 2.53 arba (inclusive of 15% bonus shares from the net profit of FY 2073/74) with Rs 46.99 crore in reserve.
The development bank also huge amount of deposits in the Q2 of the ongoing fiscal year. Deposits collection reached Rs 17.41 arba in Q2 from Rs 13.37 arba in the corresponding period last year.
Likewise, it has extended loans and advances of Rs 15.75 arba in Q2 of FY 2074/75 whereas in the same period last year the figure stood at Rs 11.71 arba.
Its non-performing loan has fallen to 0.47 percent in Q2 up from 0.84 percent in the previous year report.
GBBL’s earning per share (EPS) stand at Rs 14.25, Net worth per share at Rs 118.54 and P/E ratio at 13.62 times.
