Kumari Bank’s Net Profit Surges 305.96% to Rs. 7.38 Arba in Q4 FY 2082/83; EPS at Rs. 28.17
Summary
Kumari Bank Limited reported a 305.96% jump in net profit to Rs. 7.38 arba in Q4 FY 2082/83, with earnings per share rising to Rs. 28.17. Deposits and loans also grew, while the bank’s capital adequacy improved despite a slight rise in NPLs.
Key Points
- Kumari Bank Limited posted a 305.96% year-on-year rise in net profit to Rs. 7.38 arba in the fourth quarter of FY 2082/83.
- Customer deposits increased 10.45% and loans and advances rose 4.07% from a year earlier.
- Capital adequacy improved to 9.92%, while the NPL ratio edged up to 7.46%.
- EPS climbed sharply to Rs. 28.17 and net worth per share increased to Rs. 170.80.
