Muktinath Bikas Bank profit rises by 54.78 % in Q3; EPS stands at Rs 39.49
Mon, Apr 25, 2016 10:28 AM on Latest, Financial Analysis, Featured, Stock Market,

Muktinath Bikas Bank Limited (MNBBL) has gained net profit of Rs 24.82 crore in the third quarter of the fiscal year 2072/73.The net profit of the development increased by 54.78%. The amount stood at Rs 16.04 crore in the previous year corresponding quarter.
The development bank has paid up capital of Rs 83.84 and reserve of Rs 39.28 crore
As per the unaudited financial report published today, its net interest income surged to Rs 48.18 crore in Q3 from Rs 34. 18 crore of the corresponding quarter of the previous fiscal year .
The development bank operating profit reached at Rs 36.51 crore in Q3 rising from Rs 24.73 crore in the corresponding quarter of the previous fiscal year .
It has collected Rs 9.84 arba in deposits and floated loan and advances worth Rs 8.60 in Q3.The deposits and loan and advances stood at Rs 6.47 arba and Rs 5.81 arba respectively in the corresponding quarter of the previous fiscal year.
MNBBL’s Earning per Share (annualized) remains at Rs 39.49 and non-performing Loan (NPL) and the CD ratio stood at 0.41 % and 77.93% respectively in Q3 of the FY 2072/73.


