Subhechha Bikas Bank earns Rs 3.82 crore in Q4; NPL dropped to 0.65%

Subhechha Bikas Bank Limited (SUBBL) has reported rise in net profit by 10.41% in the fourth quarter of the last fiscal year 2072/73. According to unaudited financial statement published today, its net profit has increased to                                                         Rs 3.82 crore in fourth quarter, up from Rs 3.46 crore in the corresponding quarter of the previous fiscal year 2071/72. Subhechha Bikas Bank has collected deposits of Rs 2.25 arba in fourth quarter from Rs 1.77 crore in the corresponding quarter of last fiscal year. Likewise, the bank extended loans and advances of Rs 1.85 arba in the Q4 whereas in the same period last year the figure stood at Rs 1 .29 arba. The net interest income of the development bank reached Rs 8.02 crore in Q4 of FY 2072/73 up from Rs 6.56 crore in the previous FY 2071/72. Subhechha Bikas Bank has a paid up capital of Rs 22.73 crore with reserve of Rs 8.29 crore. The development bank  annualized earning per share (EPS) stands at Rs 16.81 , net worth per share is at Rs 136.56, P/E ratio at 20.76 times.