Nepal Grameen Q2 earning surges by 47.88% in Q2; Paid up capital stand at Rs 55.75 crore
Thu, Feb 25, 2016 11:26 AM on Latest, Financial Analysis, Featured,
Nepal Grameen Bikas Bank Limited (NGBBL) has registered profit rise of 47.88 percent in the second quarter of the last fiscal year 2072/73.
According to the unaudited financial report published by the microfinance company today, its net profit has surged to Rs 11.90 crore in second quarter up from Rs. 8.04 crore in the corresponding quarter of the last fiscal year 2071/72.
Nepal Grahmeen Bank’s net interest income has risen to Rs 63.18 crore in Q2 as compared to Rs 38.92 crore in the corresponding quarter. It’s paid up capital remains at Rs 55.75 crore.
The microfinance also amassed huge amount of deposits in the Q2 of the ongoing fiscal year. Deposits collection reached Rs 1.62 arba in Q2 from Rs 1.28 arba in the corresponding period last year.
Likewise, it has extended loans and advances of Rs 5.76 arba in Q2 whereas in the same period last year the figure stood at Rs 4.40 arba.
Its non-performing loan has decline from 9.09 percent in last year report to 5.10 percent in the current quarter.
NGBBL annualized Earning per share (EPS) stand at Rs 42.7 and net worth per share at Rs 95.5.
Nepal Grahmeen Bank’s net interest income has risen to Rs 63.18 crore in Q2 as compared to Rs 38.92 crore in the corresponding quarter. It’s paid up capital remains at Rs 55.75 crore.
The microfinance also amassed huge amount of deposits in the Q2 of the ongoing fiscal year. Deposits collection reached Rs 1.62 arba in Q2 from Rs 1.28 arba in the corresponding period last year.
Likewise, it has extended loans and advances of Rs 5.76 arba in Q2 whereas in the same period last year the figure stood at Rs 4.40 arba.
Its non-performing loan has decline from 9.09 percent in last year report to 5.10 percent in the current quarter.
NGBBL annualized Earning per share (EPS) stand at Rs 42.7 and net worth per share at Rs 95.5.
