Mahalaxmi Bikas Bank earns Rs 30.50 crore till Q2 2076/77; Annualized EPS at Rs 19.86

Mahalaxmi Bikas Bank Limited (MLBL) has published a Q2 report of the fiscal year 2076/77. The bank has reported a net profit of Rs 30.50 crore in Q2 2076/77. The net profit of the company has increased by 54.36% compared to Rs 19.76 crore in the Q2 of 2075/76 FY.

The National level development bank has collected deposits of Rs 35.07 arba and has floated loans of Rs 29.18 arba in the Q2 of 2076/77.

The net interest income of the company has increased from Rs 62.58 crore to Rs 80 in Q2 2076/77.

The development banks' Paid-Up stand at Rs 3.07 arba with reserves of Rs 1.40 arba. The bank's NPL has decreased from 4.41% to 2.76% by the end of the second quarter.

The annualized EPS stands at Rs 19.86 and net worth per share at Rs 152.76.

Second Quarter Report