Sanima Bank Posts 7.25% Rise in Net Profit in Q4; Distributable Profit Soars, EPS Reaches to Rs. 18.93
Summary
Sanima Bank Limited reported a 7.25% increase in net profit to Rs. 2.57 Arba in Q4 FY 2081/82 and saw distributable profit soar by 92.13% to Rs. 2.78 Arba with EPS reaching Rs. 18.93.
Key Points
- Sanima Bank's net profit increased by 7.25% to Rs. 2.57 Arba in Q4 FY 2081/82.
- Customer deposits rose 13.57% to Rs. 2.23 Kharba, while loans and advances grew 10.68% to Rs. 1.76 Kharba.
- Retained earnings jumped 92.13% to Rs. 2.78 Arba and reserves grew 11.41% to Rs. 6.56 Arba.
- Earnings per share improved to Rs. 18.93 and the cost of funds fell by 23.33%, enhancing profitability.
