Mahalaxmi Bikas Bank registers rise in the profit of 55.15% in the third quarter; EPS stands at Rs 17.06
Sun, Apr 29, 2018 1:56 AM on Latest, Stock Market,
Mahalaxmi Bikas Bank Limited (MLBL) has registered a decent net profit growth of 55.15 % in the third quarter of the current FY 2074/75.
According to the unaudited report published by the development bank today, its net profit has increased to Rs 33.69 crore in third quarter from Rs 21.71 crore in the corresponding quarter of the previous fiscal year.
It has a paid up capital of Rs 2.63 arba with a reserve of Rs 1.09 arba.
The bank also collected deposits of Rs 25.11 arba in Q3, up from Rs 12.30 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs 21.64 arba in Q3 whereas in the same period last year, the figure stood at Rs 10.41 arba.
MLBL’s annualized Earnings per Share (EPS) stands at Rs 17.06 per share. Its net worth per share stands at Rs 145.24.
Major Highlights:
|
Particulars (In Rs '000) |
MLBL |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
2,633,797 |
1,386,233 |
90.00% |
|
Reserve & Surplus |
1,191,464 |
226,298 |
426.50% |
|
Deposits |
25,111,151 |
12,301,597 |
104.13% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
21,647,122 |
10,411,832 |
107.91% |
|
Net Interest Income |
718,913 |
368,123 |
95.29% |
|
Provision for possible losses |
305,937 |
171,454 |
78.44% |
|
Operating Profit |
171,015 |
107,963 |
58.40% |
|
Net Profit |
336,902 |
217,144 |
55.15% |
|
NPL (%) |
3.97 |
3.83 |
3.66% |
|
Annualized EPS (In Rs.) |
17.06 |
20.89 |
-18.34% |
|
Net Worth per Share (In Rs.) |
145.24 |
116.32 |
24.86% |
