Karnali Development Bank posts growth in the first quarter of FY 75/76; Paid up capital stands at Rs.50.28 Crore
Tue, Nov 13, 2018 11:09 AM on Financial Analysis, Latest, Stock Market,
Karnali Development Bank has published the unaudited quarterly report for the first quarter of FY 75/76. The bank posted a growth of 233% in the paid up capital compared to the corresponding quarter of the previous year. The capital that was previously at Rs.15.10 Crore, grew to Rs.50.28 Crore by the end of the first quarter. The reserves of the bank stand at Rs.4.70 Crore.
The bank’s operating profit stands at Rs.12.92 Lakhs and net profit at Rs.8.22 Lakhs up from a loss of Rs.1.69 Crore posted in the corresponding quarter of the previous year. The net interest income has grown to Rs.1.88 Crore in the first quarter of the fiscal year.
The NPL of the bank which was previously at 2.04%, currently stands at 2.97%. The bank posted EPS of Rs.2.03 and net worth per share of Rs.107.88 for the end of first quarter.
Highlights
|
Particulars (In Rs '000) |
Q1 75/76 |
Q1 74/75 |
Difference |
|---|---|---|---|
|
Paid Up Capital |
502,830.00 |
151,000.00 |
233% |
|
Reserves and Surplus |
47,032.00 |
36,211.00 |
30% |
|
Deposits |
2,600,948.00 |
2,086,602.00 |
25% |
|
Loans and Advances |
1,504,846.00 |
1,138,944.00 |
32% |
|
Net Interest Income |
18,868.00 |
(5,330.00) |
- |
|
Provision for possible losses |
4,275.00 |
996.00 |
329% |
|
Operating Profit |
1,292.00 |
(16,985.00) |
- |
|
Net Profit |
822.00 |
(16,985.00) |
- |
|
NPL (%) |
2.97% |
2.04% |
46% |
|
EPS (In Rs) |
2.03 |
(11.25) |
- |
|
Net Worth Per Share (In Rs) |
107.88 |
150.50 |
-28% |
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