Muktinath Bikas Bank Limited (MNBBL) has posted a net profit of Rs 1 Arba for the fiscal year 2077/78 until the third quarter. In comparison to the same time the previous fiscal year, profit increased by 48 percent. Until the third quarter of last year, the bank had received Rs 67.60 crores.
Deposit collection (from customers) and loans and advances (to customers) have increased by more than 39 percent and 43 percent, respectively, according to the unaudited third quarterly report. Muktinath Bikas Bank earned Rs 79.9 Arba in deposits from customers until the end of Chaitra 2077 BS. It has also issued Rs 68.57 Arba in the form of loans and advances to customers. The total paid-up capital now stands at Rs 4.81 Arba.
The annualized EPS increased to Rs 27.87 due to the increase in profit, while the per share networth increased to Rs 138.43.
The summary version of the quarterly report is shown in the table below.
Muktinath Bikas Bank Q3 Report, FY 2077/78
|Financial Indicators||Q3, FY 2077/78||Q4, 2076/77||Percent Change|
|Paid up capital(Rs.’Arba’)||4.81||4.32||11.34|
|Reserve and Surplus(Rs.’Arba’)||1.84||1.43||28.67|
|Deposits From Customers (Rs.’Arba’)||79.9||57.31||39.42|
|Loans & Advances To Customers (Rs.’Arba’)||68.57||47.66||43.87|
|Financial Indicators||Q3, FY 2077/78||Q3, 2076/77||Percent Change|
|Net Interest Income(Rs.’crores’)||189.47||169.44||11.82|
|Operating Profit (Rs.’crores’)||142.24||96.57||47.29|
|Net Profit (Rs.’crores’)||100.56||67.6||48.76|
|Distributable Profit (Rs.’crores’)||82.87|
|Non Performing Loans, NPL(%)||0.21||0.09||133.33|
|Earnings Per Share, EPS(Rs.)||27.87|
|Networth Per Share ( Rs.)||138.43|
|Market Price Per Share (Rs.) [Chaitra end, 2077 BS]||431|
Please keep in mind that
The above figures are taken from the Muktinath Bikas Bank’s unaudited quarterly report. When making investment decisions, investors should consider a variety of factors in addition to this article. After the final audit, the figures can change.