Tinau, Gandaki & Om Development Bank EPS slides to Rs 13.61, Rs 11.70 & Rs 9.11 respectively

Tinau Development Bank Limited (TNBL) has reported shrink in net profit by 18.27% in the first quarter of the current fiscal year 2074/75. As per the report published in newspaper, the development has stated that its net profit shrinks to Rs 1.56 crore in Q1 from Rs 1.91 crore reported in the corresponding quarter of the previous fiscal year 2073/74. It has collected deposits of Rs 4.01 arba and floated loans of Rs 3.25 arba in Q1. It’s paid up capital remains at Rs 46.08 crore and has reserve of Rs 98.83 crore. It has announced 10% bonus shares and 5% cash dividend from the net profit of FY 2073/74. After 10% bonus paid up capital will reach to Rs 50.68 crore. The development bank non-performing loan (NPL) has increase to 0.36%. Its annualized Earning Per Share (EPS) now stands at Rs 13.61, net worth per share at Rs 134.82 and P/E ratio at 20.43 times. Likewise, Gandaki Bikas Bank Limited (GDBL) has reported decrease in net profit by 13.37% in the first quarter of the current fiscal year 2074/75. As per the report published in newspaper, the development has stated that its net profit decrease to Rs 5.39 crore in Q1 from Rs 6.22 crore reported in the corresponding quarter of the previous fiscal year 2073/74. It has collected deposits of Rs 19.34 arba and floated loans of Rs 16.55 arba in Q1. It’s paid up capital remains at Rs 1.84 arba and has reserve of Rs 98.83 crore. The development bank non-performing loan (NPL) decrease to 1.4%. Its annualized Earning Per Share (EPS) now stands at Rs 11.70, net worth per share at Rs 15.63 and P/E ratio at 30.61 times. Om Development Bank Limited (ODBL) has reported rise in net profit by 12.67% in the first quarter of the current fiscal year 2074/75. As per the report published in newspaper, the development has stated that its net profit rise to Rs 3.74 crore in Q1 from Rs 3.32 crore reported in the corresponding quarter of the previous fiscal year 2073/74. It has collected deposits of Rs 17.20 arba and floated loans of Rs 12.32 arba in Q1. It’s paid up capital remains at Rs 1.64 arba and has reserve of Rs 77.40 crore. The development bank non-performing loan (NPL) reach to 1.97%. Its annualized Earning Per Share (EPS) now stands at Rs 9.11, net worth per share at Rs 147.09 and P/E ratio at 32.5 times. Major Highlights: