Saptakoshi Development Bank reports fall of 43.13% in Q1; EPS falls to Rs 1.28
Tue, Oct 30, 2018 8:53 AM on Financial Analysis, Latest, Stock Market,
Saptakoshi Development Bank (SKDBL) has registered a fall of 43.13% in the first quarter of the FY 2075/76.
According to the unaudited financial report published by the development bank today, its net profit has decreased to Rs 16.33 lakh in first quarter, from Rs.28.52 lakh in the corresponding quarter of the fiscal year 2074/75.
SKDBL’s net interest income has risen to Rs 2.40 crore in Q1 as compared to Rs 1.71 crore in the corresponding quarter of the last fiscal year. As of Q1, it has a paid up capital of Rs 50.81 crore with a reserve of Rs 2.32 crore.
The bank also collected deposits of Rs 1.50 arba till Q1, up from Rs 1.12 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs 1.40 arba in Q1 whereas in the same period last year, the figure stood at Rs 92.35 crore.
SKDBL’s annualized Earnings per Share (EPS) stands at Rs 1.28 per share and has a Net worth of 104.57 per share.
Major Highlights:
|
Particulars (In Rs '000) |
SKDBL |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
508,510 |
387,932 |
31.08% |
|
Reserve & Surplus |
23,231 |
13,418 |
73.13% |
|
Deposits |
1,507,976 |
1,124,727 |
34.07% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
1,405,850 |
923,536 |
52.22% |
|
Net Interest Income |
24,091 |
17,118 |
40.73% |
|
Provision for possible losses |
16,126 |
8,485 |
90.05% |
|
Operating Profit |
-7,198 |
-8 |
89875.00% |
|
Net Profit |
1,622 |
2,852 |
-43.13% |
|
NPL (%) |
1.48 |
1.21 |
22.31% |
|
Annualized EPS (In Rs.) |
1.28 |
2.94 |
-56.61% |
|
Net Worth per Share (In Rs.) |
104.57 |
103.46 |
1.07% |
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