Nepal Breaking NewsBusinessKamana Sewa Bikas Bank Reports Rs 70.02 Crores in Net Profit (Q4...

Kamana Sewa Bikas Bank Reports Rs 70.02 Crores in Net Profit (Q4 Report)

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In the fiscal year 2077/78, Kamana Sewa Bikas Bank Limited (KSBBL) declared a net of Rs 70.02 crores. According to the unaudited fourth quarterly report, profit increased by 485 percent the previous fiscal year’s similar period. In the previous fiscal year, the bank earned Rs 11.97 crores.

The increase in profit is attributed to the bank’s increased net interest income. The bank generated Rs 149.03 crores in net interest income fiscal year, over 30 percent more than the previous year.

Kamana Sewa Bikas Bank had received Rs 44.45 Arba in deposits from consumers as of Ashad’s end 2078 BS. It has also issued Rs 38.83 Arba in the form of loans advances to consumers. Deposits and loans have both climbed by more than 39% and 49%, respectively.

The paid-up capital was Rs 2.65 Arba, with a reserve and surplus of Rs 1.29 Arba.

The annualized EPS increased to Rs 26.40 due to the increase in earnings, while the per share networth increased to Rs 148.61.

The summary form of the quarterly report is presented in the table below.

Q4 Report Summary, FY 2077/78 Kamana Sewa Bikas Bank

Indicators Q4, FY 2077/78 Q4, 2076/77 Percent Change
Paid up capital(Rs.’Arba’) 2.65 2.54 4.33
Reserve and Surplus(Rs.’Arba’) 1.29 0.66 95.45
Deposits From Customers (Rs.’Arba’) 44.45 31.9 39.34
Loans & Advances To Customers (Rs.’Arba’) 38.83 25.93 49.75
Financial Indicators Q4, FY 2077/78 Q4, 2076/77 Percent Change
Net Interest Income(Rs.’crores’) 149.03 114.71 29.92
Profit (Rs.’crores’) 71.96 16.57 334.28
Net Profit (Rs.’crores’) 70.02 11.97 484.96
Distributable Profit (Rs.’crores’) 43.45
Non Performing Loans, NPL(%) 1.5 1.79 -16.20
Base rate(%) 8.38 10.55 -20.57
Earnings Per Share, EPS(Rs.) 26.4
Networth Per Share ( Rs.) 148.61
Price Per Share (Rs.) [Ashad’s  end, 2078 BS] 580
P/E Ratio 21.97

Note: The aforementioned data are based on the respective ’s unaudited quarterly report. When making investment selections, investors should examine a variety of factors in addition to this study. After the final audit, the figures may change.

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