Garima Bikas Bank Earns Rs. 39.35 Crores In 6 Months (Q2 Report)
January 27, 2021 | Investopaper
Garima Bikas Bank Limited (GBBL) has earned Rs. 39.35 crores in net profit in the first six months of the current fiscal year (2077/78). The net profit grew by 8.80 percent from Rs. 32.55 crores of the corresponding period of the previous fiscal year.
The bank has shown healthy growth in its deposit and loans. Until the second quarter of the fiscal year 2077/78, Garima Bikas Bank has collected Rs. 53.05 Arba as deposits from customers. This is a rise of 23 percent in the 6 months period. Likewise, the development bank has floated total loans of Rs. 44.16 crores to the customers, a growth of 16 percent in the six months.
As of Poush end 2077 BS, Garima Bikas Bank has a paid-up capital of Rs. 3.23 Arba. At this capital, GBBL has an Annualized Earnings Per Share (EPS) of Rs. 24.31. Likewise, per share net-worth is Rs. 148.07.
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Dividend History Of Garima Bikas Bank (GBBL)
The table below presents the performance of Garima Bikas Bank
Garima Bikas Bank Second Quarterly Report Summary, FY 2077/78
Financial Indicators | Q2, FY 2077/78 | Q4, 2076/77 | Percent Change |
Paid-up capital(Rs. ’Arba’) | 3.23 | 3.23 | 0 |
Reserve and Surplus(Rs.’Arba’) | 1.55 | 1.1 | 37 |
Deposits From Customers (Rs. ’Arba’) | 53.05 | 42.43 | 23.24 |
Loans & Advances To Customers (Rs. ’Arba’) | 44.16 | 34.86 | 16.09 |
Financial Indicators | Q2, FY 2077/78 | Q2, 2076/77 | Percent Change |
Net Interest Income(Rs. ’crores’) | 84.26 | 80.62 | -12.06 |
Operating Profit (Rs. ’crores’) | 56.22 | 46.5 | 8.97 |
Net Profit (Rs. ’crores’) | 39.35 | 32.55 | 8.8 |
Distributable Profit (Rs. ’crores’) | 25.23 | – | – |
Non Performing Loans, NPL(%) | 0.94 | 0.39 | -15 |
Base rate(%) | 8.38 | 10.95 | -20.75 |
Earnings Per Share, EPS(Rs.) | 24.31 | ||
Networth Per Share (Rs.) | 148.07 | ||
Market Price Per Share (Rs.) [Ashwin end, 2077] | 325 | ||
P/E Ratio | 13.37 |
Note:
The above figures are based on the unaudited second-quarter report published by the respective company. Investors are advised to take other things into consideration along with this report while making investment decisions. The numbers may vary after the final audit.
The share price, as well as the P/E ratio, is based on the data of Poush end, 2077 BS. At current, the numbers may vary.
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