Sana Kisan increases its profit to Rs 12.24 crores with EPS a Rs 77.88; Profit increased by around 49%

Sana Kisan Bikas Bank Limited (SKBBL) has shown increase in net profit by 49.29 percent in the first quarter (Q1) of the fiscal year 2075/76.

Publishing the unaudited financial report for the first quarter today, the microfinance company stated that its net profit increased to Rs 12.24 crore in the Q1 of fiscal year 2074/75, up from Rs 8.20 crore in the corresponding period of the previous fiscal year 2074/75.

Its net interest income has also increased from Rs 16.33 crore in corresponding quarter to Rs 21.80 crore in the first quarter.

Its paid up capital remains at Rs 62.88 crore with reserve of Rs 1.71 arba in Q1.

The company has borrowings of Rs 15.93 arba in the first quarter, up from Rs 12.85 arba in the corresponding quarter. Likewise, it has extended loans and advances of Rs 16.44 arba in Q1 whereas in the same period last year the figure stood at Rs 14.49 arba.

Its annualized earning per share (EPS) stands at Rs 77.88 and net worth per share at Rs 372.78.