Kamana Sewa Bikas Bank Net Profit Rises By 16.99% in Q1 FY 2083/84; Eps at Rs. 20.68
Summary
Kamana Sewa Bikas Bank Limited posted a 16.99% rise in net profit to Rs. 23.11 crore in the first quarter of FY 2083/84, supported by lower impairment charges and stronger operating profit. Annualized EPS reached Rs. 20.68, while deposits and loans also increased during the period.
Key Points
- Kamana Sewa Bikas Bank Limited reported net profit of Rs. 23.11 crore in Q1 FY 2083/84, up 16.99% year-on-year.
- Operating profit rose 19.02% to Rs. 33.87 crore, helped by a 55.36% drop in impairment charges.
- Annualized EPS stood at Rs. 20.68, with the bank’s P/E ratio at 23.01 times and net worth per share at Rs. 161.84.
- Deposits and loans and advances both grew, while capital adequacy improved to 12.97% and NPL declined to 3.93%.
