Massive profit growth of Malika Vikas Bank by 100.20% in Q4, NPL stands at 1.69%
Fri, Jul 22, 2016 11:49 AM on Latest, Financial Analysis, Featured, Stock Market,
Malika Vikas Bank Limited (MDBL) has reported net profit of Rs 13.21 crore in the fourth quarter (Q4) of the last fiscal year 2072/73 increasing from Rs 6.60 crore in the corresponding quarter of the previous fiscal year. The net profit surged by 100.20% compared to previous year corresponding quarter.
As per the unaudited fourth quarterly report published today, it stated that MDBL’s net interest income has risen to Rs 21.69 crore in Q4 up from Rs 15.42 crore in the corresponding quarter of the previous fiscal year.
The development bank has collected Rs 3.95 arba in deposits and has extended Rs 3.15 arba in loan and advances. The deposit and loan figure stood at Rs 3.17 arba and Rs 2.46 arba respectively in the previous year corresponding quarter.
Its non performing loan (NPL) has decline to 1.69 percent in Q4 from 1.76 percent in corresponding quarter.
The development bank has a paid up capital of Rs 31.32 crore with reserve of Rs 18.86 crore.
At current its earning per share (EPS) stands at Rs 42.19 , net worth per share at Rs 160.24 and P/E ratio stands at 8.04 times .
As per the unaudited fourth quarterly report published today, it stated that MDBL’s net interest income has risen to Rs 21.69 crore in Q4 up from Rs 15.42 crore in the corresponding quarter of the previous fiscal year.
The development bank has collected Rs 3.95 arba in deposits and has extended Rs 3.15 arba in loan and advances. The deposit and loan figure stood at Rs 3.17 arba and Rs 2.46 arba respectively in the previous year corresponding quarter.
Its non performing loan (NPL) has decline to 1.69 percent in Q4 from 1.76 percent in corresponding quarter.
The development bank has a paid up capital of Rs 31.32 crore with reserve of Rs 18.86 crore.
At current its earning per share (EPS) stands at Rs 42.19 , net worth per share at Rs 160.24 and P/E ratio stands at 8.04 times .
