Axis Development Bank has reported steep decline in net profit. The
bank’s profit fell to Rs 2.03 crore in the FY 2069/70 from Rs 5.75 crore
reported in previous fiscal, a slide of 64.62%.
The bank’s deposits increased 51.47% to Rs 1.57 arba and loans and advances grew 54.11% to Rs 1677758520.
Pokhara Finance Limited’s profit increased a massive 157.06% to Rs 1.17 crore in the FY 2069/70. The company had reported a loss of Rs 2.05 crore in the last fiscal.
The company collected Rs 2 arba in deposits as against Rs 1.74 arba in the previous year, a growth of 14%. Likewise, loans and advances rose to Rs 1.69 arba from Rs 1.39 arba in the last fiscal.
The finance company’s EPS stands at a lowly Rs 3.75 and its net worth is valued at Rs 132.88.
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The bank’s deposits increased 51.47% to Rs 1.57 arba and loans and advances grew 54.11% to Rs 1677758520.
Pokhara Finance Limited’s profit increased a massive 157.06% to Rs 1.17 crore in the FY 2069/70. The company had reported a loss of Rs 2.05 crore in the last fiscal.
The company collected Rs 2 arba in deposits as against Rs 1.74 arba in the previous year, a growth of 14%. Likewise, loans and advances rose to Rs 1.69 arba from Rs 1.39 arba in the last fiscal.
The finance company’s EPS stands at a lowly Rs 3.75 and its net worth is valued at Rs 132.88.
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