Nepal Breaking NewsBusinessMuktinath Bikas Bank Reports Profit Above Rs 1 Arba

Muktinath Bikas Bank Reports Profit Above Rs 1 Arba [Q3 Report]


Muktinath Bikas Bank Limited (MNBBL) posted a profit of Rs 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 ( 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
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
Base rate(%) 8.01 11.39 -29.68
Earnings Per Share, EPS(Rs.) 27.87
Networth Per Share ( Rs.) 138.43
Market Price Per Share (Rs.) [Chaitra  end, 2077 BS] 431
P/E Ratio 15.46


Please keep in mind that

The above figures are taken from the Muktinath Bikas Bank’s unaudited quarterly report. When making investment decisions, investors consider a variety of in addition to this article. After the final audit, the figures change.

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