Sanima Bank Posts 38.01% Rise in Net Profit in Q4; Distributable Profit Soars, EPS Reaches to Rs. 24.92
Summary
Sanima Bank Limited reported a 38.01% rise in net profit to Rs. 2.55 arba in Q4 FY 2082/83, with distributable profit increasing 34.66% and EPS reaching Rs. 24.92. The bank's deposits and loans also grew significantly.
Key Points
- Sanima Bank's net profit increased by 38.01% to Rs. 2.55 arba in Q4 FY 2082/83 compared to the previous year.
- Net interest income rose by 10% to Rs. 6.99 arba, reflecting growth in core banking operations.
- Operating profit surged 44.44% to Rs. 5.16 arba, while distributable profit increased by 34.66% to Rs. 2.83 arba.
- Earnings per share stood at Rs. 24.92 and capital adequacy ratio improved to 13.10 percent.