The commercial bank’s net profit surged to Rs 8.63 crore in the first quarter compared to just Rs 5.42 crore in the corresponding quarter last fiscal year, according to the unaudited first quarterly report it has published today.
It mobilized Rs 1.81 arba in deposit and Rs 1.55 arba in loan compared to Rs 1.27 arba it had mobilized in deposit and Rs 1.16 arba in loan during the first quarter last year.
Sanima made a net interest income of Rs 1.67 crore in the first quarter, up from Rs 1.38 in the corresponding quarter.
Its non-performing loan has also decreased to 0.09 percent, down from 0.47 percent in the corresponding quarter.
Sanima’s EPS has also risen to Rs 15.11 in the first quarter compared to Rs 10.56 in the correspondent quarter, and its networth per share has increased to Rs 113.20 from Rs 108.32.
It is one of the most sought after scrip for investment among mid cap banking companies in the stock exchange.
PUBLISHED Report
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