Saptakoshi Development Bank Limited (SKDBL) has stated 15.29% increment in net profit in the second quarter of the current fiscal year 2074/75. Its net profit has increased to Rs 1.09 crore in second quarter from Rs 94.65 lakh in the corresponding quarter of the fiscal year 2073/74.
According to the unaudited financial report published by the development bank today, its net interest income has also increased by 29.97% to Rs 4.01 crore in Q2 as compared to Rs 3.09 crore in the corresponding quarter.
It’s paid up capital remains at Rs 48.53 crore with Rs 3.32 crore in reserve.
Deposits collection reached Rs 1.16 arba in Q2 and floated loans of Rs 1.05 arba.
Its NPL stands at 0.96%.
Its annualized earning per share (EPS) stand at Rs 4.50, Net worth per share at Rs 106.84 and P/E ratio at 60.93 times.
Major Highlights:
| Particulars (In Rs '000) |
SKDBL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
485,300 |
100,000 |
385.30% |
| Reserve & Surplus |
33,216 |
24,718 |
34.38% |
| Deposits |
1,161,749 |
843,291 |
37.76% |
| Borrowings |
- |
- |
- |
| Loans & Advances |
1,054,272 |
712,355 |
48.00% |
| Net Interest Income |
40,195 |
30,927 |
29.97% |
| Provision for possible losses |
19,811 |
12,680 |
56.24% |
| Operating Profit |
2,302 |
5,804 |
-60.34% |
| Net Profit |
10,912 |
9,465 |
15.29% |
| NPL (%) |
0.96 |
1.38 |
-30.43% |
| Annualized EPS (In Rs.) |
4.50 |
18.93 |
-76.24% |
| Net Worth per Share (In Rs.) |
106.84 |
124.72 |
-14.33% |
| P/E Ratio (In times) |
60.93 |
- |
- |
