Tinau Development Bank Limited (TNBL) has posted a net profit rise by 20.66 percent in the fourth quarter of the last fiscal year 2073/74.
As per the unaudited financial report for the fourth quarter published today, the development bank has stated that it has accumulated net profit of Rs 9.67 crore in the Q4 up from Rs 8.01 crore in the corresponding period of previous fiscal year report.
Its net interest income increased to Rs 20.58 crore in Q4 from Rs 13.37 crore in the corresponding quarter previous year. The bank has collected deposits of Rs 3.89 arba while it has mobilized loans and advances of Rs 3.24 arba in Q4. The deposit and loan amount stood at Rs 3.28 arba and Rs 2.72 arba respectively in the previous year corresponding quarter.
Tinau Development Bank has a paid up capital of Rs 46.08 crore and reserve of Rs. 14.43 crore.
The development bank’s non-performing loan (NPL) has inclined from 0.06% in previous quarter to 0.75% in Q4. It’s Earnings per Share (EPS) remains at Rs 21 and net worth per share stands at Rs 131.32.
Major Highlights:
|
Tinau Development Bank Limited |
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Difference(%) |
| Paid UpCapital |
460850 |
341370 |
35.00 |
| Reserve and Surplus |
144347 |
40497 |
256.44 |
| Deposits |
3897805 |
3288403 |
18.53 |
| Loans and Advances |
3246170 |
2725035 |
19.12 |
| Net Interest Income |
205810 |
133772 |
53.85 |
| Provision |
18675 |
9941 |
87.85 |
| Write Back |
7504 |
155 |
4744.46 |
| Operating Profit |
143019 |
91682 |
56.00 |
| Net Profit |
96721 |
80160 |
20.66 |
| Capital Adequacy Ratio |
16.29 |
12.09 |
34.74 |
| NPL |
0.75 |
0.06 |
1150 |
| Base Rate |
0 |
0 |
|
| Cost of Fund |
8.19 |
5.51 |
48.64 |
| CD Ratio (as per NRB) |
72.09 |
74.18 |
-2.82 |
| EPS (Annualized) |
21 |
0 |
|
| PE Ratio |
15.29 |
0 |
|
| Networth Per Share |
131.32 |
0 |
|
