Miteri Development Bank reports 30% rise in net profit for Q4 of 2075/76; NPL down to 0.00% with EPS at Rs 24.97
Wed, Aug 14, 2019 1:05 PM on Financial Analysis, Latest, Stock Market,
Miteri Development Bank Limited (MDB) has reported increase in net profit by 30% in the fourth quarter of the current fiscal year 2075/76.
As per the report published in newspaper, the development bank has stated that its net profit increased to Rs 14.69 crore in Q4 from Rs 11.29 crore reported in the corresponding quarter of the previous fiscal year 2074/75.
It has collected deposits of Rs 4.82 arba and floated loans of Rs 4.02 arba in Q4 of current fiscal year.
It’s paid up capital stands at Rs 58.50 crore and has reserve of Rs 25.86 crore.
The development bank’s non-performing loan (NPL) has become nil from 0.05% compared to the corresponding quarter of the previous year.
Its annualized Earning Per Share (EPS) now stands at Rs 24.97, net worth per share at Rs 144.06 and P/E ratio at 9.37 times.
.png)
