Wednesday, August 14, 2013

Mega Bank net profit 17.73 cr & Standard Chartered Bank profits 1.21 arba

http://t0.gstatic.com/images?q=tbn:ANd9GcSB4tweX3EWmmu1ErPAZ3muVrqIW6mhJ7tms7q-gLVfasB3u3broQMega Bank reported 146.81% surge in net profit for FY 2069/70, bringing the total income to Rs 17.73 crore, a considerable growth compared to Rs 7.18 crore reported for the last fiscal.

The bank’s deposits increased 36.34% to Rs 12.53 arba and loans and advances grew 44.48% to Rs 11.46 arba. Mega Bank’s EPS stands at Rs 7.61 and its net worth at Rs 114.24.

Meanwhile, Standard Chartered has reported a muted 4.19% rise in net income for FY 2069/70.

The bank’s earnings rose to Rs 1.21 arba from Rs 1.168 arba reported in the previous fiscal. Deposits rose 9.73% to Rs 39466453 and loans and advances increased 16.69% to Rs 23.13 arba.

Stan Chart’s EPS stands at Rs 65.70 and net worth at Rs 289.07.
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