Kailash Baikas Bank limited has published 2nd quarter of fiscal year 2074/75. The development bank has posted net profit of 26.60 crore. It is raise by 0.84%. In the Q2 of last year bank had earned 26.38 crore.
As per the report, Bank has collected deposit of 19.11 arba & disbursed in loan 17.51 arba.
Operating profit of bank is 28.22 crore. It is decreased by 17.51. In the last year second quarter operating profit was 34.21 crore. Decreased in operating profit is mainly due to increment in interest expanses, staff expanses & other operating expanses.
Paid up capital is 2.52 arba with reserve of 80.16 crore. Paid up capital is increased by 27.60%.
Its NPL is 0.56% from 0.7 in the last year corresponding quarter. Cost of fund remains at 8.55% & CD ratio stands at 78.14% which is nearly tight. Bank should further collect a deposit to float loan.
Annualized EPS stands at 21.11 from 26.71. It is decreased by 20.97%.
Net worth per share is 131.8 & PE stands 10.9.
See Q2 report of Muktinath Bikas Bank posted Net profit of 26.43 crore
