Sana Kisan Bikas Bank EPS diminishes to Rs 59.04 from Rs 63.70; Earns net profit of Rs 27.84 crore in the third quarter

Sana Kisan Bikas Bank Limited (SKBBL) has shown inclined in net profit by 15.85 percent in the third quarter (Q3) of the current fiscal year 2074/75.

Publishing the unaudited financial report for the third quarter today, the microfinance company stated that its net profit inclined to Rs 27.84 crore in the Q3 of current fiscal year 2074/75, up from Rs 24.03 crore in the corresponding period of the previous fiscal year 2073/74.

Its net interest income has also risen from Rs 46.32 crore in corresponding quarter to Rs 53.24 crore in the third quarter.

Its paid up capital remains at Rs 62.88 crore (including 25% bonus shares from the net profit of FY 2073/74) with reserve of Rs 1.25 arba in Q3.

The company has borrowings of Rs 14.01 arba in the third quarter, up from Rs 11.37 arba in the corresponding quarter. Likewise, it has extended loans and advances of Rs 16.45 arba in Q3 whereas in the same period last year the figure stood at Rs 13.48 arba.

Its non-performing loan (NPL) has remained the same at 0.13% in Q3in the current year as well in the previous year report.

Its annualized earning per share (EPS) stands at Rs 59.04, net worth per share at Rs 299.81 and the P/E ratio at 19.22 times.

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