Nabil Bank Limited Posts 33.92% Profit Growth in Q3; Distributable Profit Surges Over 52%
Summary
Nabil Bank Limited reported a 33.92% increase in net profit to Rs. 6.76 Arba in Q3 FY 2082/83, with distributable profit surging over 52% and deposits and loans also growing significantly.
Key Points
- Nabil Bank's net profit increased by 33.92% to Rs. 6.76 Arba in Q3 FY 2082/83.
- Distributable profit surged 52.17% to Rs. 4.37 Arba, enhancing shareholder returns.
- Deposits rose by 10.24% to Rs. 5.78 kharba and loans advanced by 8.99% to Rs. 4.47 kharba.
- Operating profit grew 26.09% aided by a 79.12% reduction in impairment charges.
