Sanima’s profits soar, NPA at 0.03%

Wed, Jul 24, 2013 12:00 AM on Others,

ShareSansar, July 24:

Sanima Bank Ltd has posted a hefty growth in profits. The bank’s net earnings grew by a whopping 150.43 percent to Rs 304.95 crore in the fourth quarter of 2069/70, as against last year's Rs 12.17 crore.


The bank has reported splendid overall growth.


Its deposits rose to Rs 17.78 arba from Rs 11.17 arba in the last FY, a rise of 59.06 percent.


In what would suggest its robust financial status, the bank’s non-performing assets (NPA) stands at 0.03 percent, as per the report released by the bank for the fourth quarter of 2069/70.


The bank has also increased its loan disbursement. Its loan and advances increased to Rs 15.09 arba from last year’s Rs 9.53 arba.


The bank’s EPS now stands at Rs 15.3 and its net worth at Rs 120.76.

                         (Rs in '000)

Sanima Bank Ltd. 4th quarter financial highlights for FY 2069/70

 Particulars

FY 2069/70

 FY 2068/69

Growth

Net Profit (Rs.)

304950

121770

150.43%

Operating Profit (Rs.)

459197

313090

46.67%

Provision (Rs.)

57846

52493

10.20%

NPA (%)

0.03

0.48

-93.75%

Deposits (Rs.)

17782716

11179734

59.06%

Loan and Advances (Rs.)

15093073

9531505

58.35%

Fiscal Year End Price

260

225

15.56%

EPS (Rs.)

15.13

6

152.17%

Net Worth Per Share (Rs.)

120.76

111.1

8.69%

P/E Ratio

17.19

37.5

-54.16%

Q 4 Result: CLICK HERE