Karnali Development Bank Reports Net profit of Rs 1.7 Crores in Q3; EPS Stands at Rs. 4.60
Sun, Apr 23, 2023 12:34 PM on Latest, Financial Analysis, Stock Market,
Karnali Development Bank Limited (KRBL) has published the unaudited quarterly report for the third quarter of FY 2079/80.
The company reported net profit of Rs. 1.7 Crores, the company was operating in net loss of Rs. 1.92 Crores in the relevant quarter of previous year.
The deposits of the company have decreased by 2.11% to Rs.4.40 Arba while the loans and advances have grown by 2.84% to Rs.3.39 Arba compared to corresponding quarter of the previous year. The CAR of the company stands at 10.20% which was previously at 11.12%
The bank posted a paid-up capital of Rs. 50.28 crore crore. At this capital, the EPS of the bank stands at Rs. 4.60 and the net worth stands at Rs. 118.20.
Major Financial Highlights
| Particulars (In Rs '000) | Karnali Development Bank Limited | ||
| Q3 2079/80 | Q3 2078/79 | Difference | |
| Paid Up Capital | 502,830.00 | 502,830.00 | 0.00% |
| Share Premium | 458.93 | ||
| Retained Earnings | 22,339.09 | -104,306.62 | |
| Reserves | 68,703.17 | 144,556.85 | -52.47% |
| Deposits | 4,490,131.43 | 4,397,268.07 | 2.11% |
| Loans & Advances | 3,392,904.01 | 3,299,135.11 | 2.84% |
| Net Interest Income | 101,920.35 | 86,009.62 | 18.50% |
| Personnel Expenses | 45,613.35 | 43,933.11 | 3.82% |
| Impairment Charges/(Reversal) for loans and advances | 14,762.39 | 34,965.18 | -57.78% |
| Operating Profit | 17,334.94 | -19,221.40 | |
| Net Profit | 17,334.94 | -19,221.40 | |
| Capital Adequacy (%) | 10.20 | 11.12 | -8.27% |
| Cost of Fund (%) | 9.84 | 8.26 | 19.13% |
| EPS (In Rs.) | 4.60 | -5.10 | |
| Net Worth per Share (In Rs.) | 118.20 | 108.00 | 9.44% |
| Qtr End Market Price | 238.8 | - | |
