Kamana Sewa Bikas Bank Reports 22.34% Growth in Net Profit and Elevated Earnings Per Share for Q2
Summary
Kamana Sewa Bikas Bank Limited reported a 22.34% increase in net profit for Q2 FY 2082/83, reaching Rs 39.45 crores, with an annualized EPS of Rs 20.43 and a capital adequacy ratio of 12.57%.
Key Points
- Kamana Sewa Bikas Bank Limited posted a 22.34% increase in net profit for Q2 FY 2082/83, totaling Rs 39.45 crores.
- Net interest income increased by 11.19%, while impairment charges fell by 4.74%.
- Loans and advances rose by 4.06% to Rs 52.1 Arba, and the capital adequacy ratio stood at 12.57%.
- The bank's annualized Earnings Per Share (EPS) reached Rs 20.43 with a price-earnings ratio of 22.17 times.
