Deposits and loans have risen by 63 percent and 53 percent, respectively, over the last year. Deposits amount to Rs.30.36 Arba, while loans and advances amount to Rs.26.16 Arba. In the third quarter, Garima increased its net interest income by 41.62 percent to Rs. 99 crores. As a result, net profit has increased by 50% to Rs. 42.38 crores.
At the current market price of Rs. 215, the Annualized EPS is Rs. 20.06, resulting in a P/E ratio of 10.72. NPL and base rate have also decreased to 0.26 and 11.13 percent, respectively, indicating improved performance in this quarter.