Rastriya Banijya Bank Reports 175.52% Surge in Net Profit to Rs. 1.64 Arba in Q1 FY 2083/84; Impairment Charges Down By 63.51%
Sun, Nov 1, 2026 9:17 AM on Financial Analysis, Highlight News, Company Analysis,
Rastriya Banijya Bank Limited has reported a significant 175.52% growth in net profit for the first quarter of FY 2083/84, reaching Rs 1.64 Arba compared to Rs 59.87 Crores in the corresponding quarter of the previous fiscal year. The bank's paid-up capital remained unchanged at Rs 15.64 Arba, while retained earnings increased by 27.43% to Rs 13.72 Crores and reserves grew by 3.44% to Rs 40.73 Arba.
During the quarter, the bank's total deposits increased by 4.16% to Rs 7.15 Kharba, while loans and advances grew by 2.51% to Rs 3.40 Kharba. Net Interest Income surged by 37.46% to Rs 4.01 Arba from Rs 2.92 Arba in the corresponding period. Personnel expenses increased by 5.56% to Rs 1.51 Arba, while impairment charges declined sharply by 63.51% to Rs 35.57 Crores.
The substantial rise in net interest income and decline in impairment charges contributed to a 175.91% increase in operating profit, which reached Rs 2.35 Arba compared to Rs 85.24 Crores in the corresponding quarter.
Rastriya Banijya Bank's distributable profit after profit/loss appropriation and regulatory adjustments stood at Rs 13.72 Crores, compared to Rs 21.47 Crores in the corresponding quarter. The bank's capital adequacy ratio stood at 11.53%, while the Non-Performing Loan (NPL) ratio increased slightly to 3.89% from 3.83%. The cost of funds declined to 2.81% from 3.16%.
The bank's annualized Earnings Per Share (EPS) surged to Rs 42.20 from Rs 15.32, marking a 175.52% increase. Meanwhile, net worth per share increased by 2.94% to Rs 369.23 from Rs 358.68 in the corresponding quarter.
* Figures are of Immediate Previous Year Quarter Ending
Major Highlights:
| Particulars (In Rs '000) | Rastriya Banijya Bank Limited | ||
| Q1 2083/84 | Q1 2082/83 | Difference | |
| Paid Up Capital | 15,637,377.06 | 15,637,377.06* | 0.00% |
| Share Premium | 0.00 | 0.00 | |
| Retained Earnings | 1,372,398.60 | 1,076,957.80* | 27.43% |
| Reserves | 40,727,719.25 | 39,373,522.18* | 3.44% |
| Deposit | 714,673,199.59 | 686,135,600.17* | 4.16% |
| Loans & Advances | 340,426,619.08 | 332,083,450.93* | 2.51% |
| Net Interest Income | 4,014,672.99 | 2,920,572.55 | 37.46% |
| Personnel Expenses | 1,506,696.81 | 1,427,368.29 | 5.56% |
| Impairment Charges | 355,713.84 | 974,935.00 | -63.51% |
| Operating Profit | 2,351,850.25 | 852,410.20 | 175.91% |
| Net Profit | 1,649,637.87 | 598,733.31 | 175.52% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 1,372,398.60 | 214,725.03 | - |
| Capital Adequacy (%) | 11.53 | 11.64 | -0.95% |
| NPL (%) | 3.89 | 3.83 | |
| Cost of Fund (%) | 2.81 | 3.16 | -11.08% |
| Annualized EPS (In Rs.) | 42.20 | 15.32 | 175.52% |
| Net Worth per Share (In Rs.) | 369.23 | 358.68 | 2.94% |
