Monday, August 5, 2013

Mahakali Bikas Bank earns net profit Rs 1.06 crore, 54.94% growth

Mahakali Bikas Bank has posted a net profit of Rs 1.06 crore, a growth of 54.94% over 68.60 lakh reported in the previous fiscal.

The bank’s deposits reached Rs 37.70 crore, a rise of 37.94% over last year, with loans and advances at Rs 27.98 crore showing almost identical growth of 37.03%.

The bank’s nonperforming assets declined considerably from 1.02% in the previous fiscal to 0.38% this year, a drop of 62.75%.

MBBL’s EPS stands at Rs 26.57 and net worth at Rs 137.19.

Financial Highlights of the company

Rs in '000'
Particulars  FY 2069/70 FY 2068/69 Growth (%)
Net Profit (Rs.)
10629.72
6860.42
54.94%
Operating Profit (Rs.)
15200.5
11100.16
36.94%
Provision (Rs.)
620.17
747.19
-17.00%
Net Interest Income (Rs.)
22955.09
18317.84
25.32%
Deposits (Rs.)
377097.32
273369.94
37.94%
Loans and Advances (Rs.)
279839.77
204214.24
37.03%
NPA (%)
0.38
1.02
-62.75%
Cost of Funds (%)
6.78
7.39
-8.25%
EPS (Rs.)
26.57
17.66
50.45%
P/E Ratio
2.9
5.21
-44.34%
Networth (Rs.)
137.19
122.48
12.01%
Fiscal Year End Price (Rs.)
77
92
-16.30%
src sharesansar