Kumari, Grand post humble growth in profit
Mon, Aug 5, 2013 12:00 AM on Others,
ShareSanar, Aug 5:
Kumari Bank Limited posted a lowly 5.82% growth in profit for the FY 2069/70. The bank made profits of Rs 29.15 crore, a slight growth over Rs 27.55 crore reported last year.
The bank’s deposits grew 15.16% to Rs 25.31 arba and its loans and advances increased 11.15% to Rs 20.11 arba.
Kumari’s EPS stands at Rs 18.18 and net worth at Rs 166.39.
Grand Bank has also reported a marginal growth in profit for FY 2069/70. The bank’s profit rose to Rs 20.05 crore, a 9.72% rise over Rs 18.27 crore earned in previous fiscal.
The bank’s deposits grew 28.62% to Rs 19.32 arba and its loans and advances rose 26.57% to Rs 14.52 arba.
Grand Bank’s EPS stands at Rs 10.03 and net worth at Rs 118.06.
Financial Highlights of Kumari Bank Limited and Grand Bank Limited
(Rs. In '000')
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