Kamana Sewa Bikas Bank Posts Rs. 58.86 Crore Net Profit in Q3 ; Net Interest Income Rises By 9.26%
Summary
Kamana Sewa Bikas Bank reported a net profit of Rs. 58.86 crore in Q3 of fiscal year 2082/83, a 19.37% increase from the previous year, with net interest income rising by 9.26%.
Key Points
- Kamana Sewa Bikas Bank posted a net profit of Rs. 58.86 crore in Q3 2082/83, up 19.37% from the previous year.
- Net interest income increased by 9.26% to Rs. 1.81 arba compared to Rs. 1.66 arba in Q3 2081/82.
- Impairment charges on loans and advances declined by 9.75% to Rs. 28.62 crore.
- Annualized earnings per share (EPS) reached Rs. 18.64, with a price-earnings ratio of 19.24 times.