Professional Diyalo Bikas Bank registers a profit growth of 54.89% to Rs 2.08 cr in Q3; NPL drop to 1.35% from 2.52%

Professional Diyalo Bikas Bank Limited (PRDBL) has posted a outstanding profit growth of   54.89 percent in the third quarter of the current fiscal year 2072/73. Publishing the unaudited financial report today, the bank stated that its net profit rose to Rs 2.08 crore in the current fiscal year 2072/73, up from Rs 1.34 crore in the corresponding period of the previous fiscal year 2071/72. Professional Diyalo Bikas Bank’s paid up capital remains at Rs. 22 crore and has a reserve of Rs. 6.62 crore. Its net interest income has risen from Rs 4.65 crore in corresponding quarter to Rs 5.71 crore in the Q3 of current quarter. The development bank has deposit collection of Rs 1.74 arba in Q3. The figure was Rs 1.29 arba in the corresponding quarter of the previous fiscal year. Likewise, it extended loans of Rs. 1.53 arba from Rs 1.17 arba. Its non-performing loan (NPL) dropped to 1.35 percent from 2.52 percent in the third quarter. Its earning per share stand at Rs 12.66, net worth per share at Rs 130.11 and PE ratio is at 24.54 times.