Jyoti Bikash Bank Posts 105% Growth in Q3 Net Profit ; Annualized EPS Rises to Rs. 19.90
Summary
Jyoti Bikas Bank reported a 105.30% increase in net profit to Rs. 62.94 crores in Q3 FY 2082/83, with Annualized EPS rising to Rs. 19.09 and improved capital adequacy ratio at 13.69%.
Key Points
- Jyoti Bikas Bank’s net profit for Q3 FY 2082/83 surged by 105.30% to Rs. 62.94 crores.
- Operating profit increased by 105.27% to Rs. 89.90 crore during the same period.
- Annualized earnings per share (EPS) jumped to Rs. 19.09 from Rs. 9.30 in the previous year.
- Capital adequacy ratio improved to 13.69%, and cost of fund declined to 3.88%.
