Saptakoshi Development Bank reports net profit of Rs 3.04 crore; Annualized EPS and net worth per share till Q2 at Rs 7.73 and Rs 119.73 respectively
Wed, Jan 29, 2020 11:16 AM on Financial Analysis, Latest, Stock Market,
Saptakoshi Development Bank Limited (SAPDBL) has registered an increase of 101.72% in its net profit in the second quarter of the FY 2076/77.
Its net profit has increased to Rs.3.04 crore in the second quarter, from Rs.1.50 crore in the corresponding quarter of the fiscal year 2075/76.
SKDBL’s net interest income rose to Rs.11.08 Crore in Q2 as compared to Rs.5.94 Crore in the corresponding quarter of the last fiscal year. It has a paid-up capital of Rs.78.71 Crore with a reserve of Rs.9.96 Crore.
The bank also collected deposits of Rs.2.76 Arba till Q2 and extended loans and advances of Rs.2.65 Arba. The non-performing loan of the development bank has increased from 1.31% to 2.15% by the end of the second quarter.
SKDBL’s annualized Earnings per Share (EPS) stands at Rs.7.73 per share and has a Net worth of 119.73 per share. The bank posted an annualized PE Ratio of 17.86 times.
