Kankai Bikas Bank witnesses slight fall of 4.13% in net profit in the quarterly report
Sun, Apr 29, 2018 1:07 AM on Financial Analysis, Latest, Stock Market,
Kankai Bikas Bank Limited (KNBL) earns comparatively lower in the third quarter of the FY 2074/75.
As per the unaudited financial report published today, its net profit has dropped down by 4.13% as compared to last year’s report. Its net profit now stands at Rs 3.02 crore. Its operating income has also significantly decreased by 25.81% to Rs 3.67 crore.
As of Q3, Kankai bank’s deposit base increased to Rs 1.67 arba. Out of this, it has floated loans of Rs 1.50 arba. With 30.93% increase in floated loans, it has been able to increase its net interest income by 14.62% to Rs 9.03 crore. Its paid up capital now stands at Rs 50 crore with a reserve of Rs 7.57 crore.
Its annualized EPS has now reached Rs 8.04, net worth per share at Rs 109.10 with P/E ratio of 16.66.
Major Highlights:
|
Particulars (In Rs '000) |
KNBL |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
500,000 |
150,000 |
233.33% |
|
Reserve & Surplus |
75,684 |
54,359 |
39.23% |
|
Deposits |
1,670,072 |
1,426,837 |
17.05% |
|
Loans & Advances |
1,507,157 |
1,151,145 |
30.93% |
|
Net Interest Income |
90,283 |
78,766 |
14.62% |
|
Provision for possible losses |
17,198 |
2,476 |
594.59% |
|
Operating Profit |
36,688 |
49,453 |
-25.81% |
|
Net Profit |
30,161 |
31,461 |
-4.13% |
|
NPL (%) |
0.82 |
0.42 |
95.24% |
|
Annualized EPS (In Rs.) |
8.04 |
27.97 |
-71.24% |
|
Net Worth per Share (In Rs.) |
109.10 |
- |
|
|
P/E Ratio (In times) |
16.66 |
- |
|
