Jyoti Bikas Bank Posts Net Profit Of Rs 30.55 Crores (Q2 Report)

January 27, 2021 | Investopaper

Jyoti Bikas Bank Limited (JBBL) has reported a net profit of Rs 30.55 crores until the second quarter of the current fiscal year 2077/78.  The profit has grown by 8.80 percent as compared to Rs. 28.08 crores of the same period last year.  In the first six months period, the distributable profit stands at Rs. 15.75 crores.

The net profit of the bank has inclined despite the fall in the net interest income. Jyoti Bikas Bank earned Rs. 64.80 crores as the net interest income, down from Rs. 73.69 crores in the corresponding quarter of the previous year.

As of Poush end 2077 BS, Jyoti Bikas Bank has a paid-up capital of Rs 3.49 Arba with reserve and surplus at Rs 1.37 Arba. The Bank has collected Rs. 44.75 Arba as deposits from the customers. This is a growth of 23 percent in a 6 months period. (This deposit doesn’t include the transactions with other BFIs. Hence, the total deposit will be higher.)

Likewise, the bank has floated Rs. 34.49 Arba as loans to the customers, up from Rs. 29.71 crores six months ago. (Note: This doesn’t include the loans provided to other BFIs)

The Non-Performing Loans (NPL) of the bank has slightly declined to 0.68 percent. In the same period last year, NPL stood at 0.80 percent. Similarly, the base rate has declined to 8.82 percent.

Looking into the per share ratios, Jyoti Bikas Bank has an Annualized Earnings Per Share (EPS) of Rs. 17.49 and per share net-worth of Rs. 139.39.

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Dividend History Of Jyoti Bikas Bank Limited (JBBL)

The unaudited second-quarterly report is also summarized in the table below:

Jyoti Bikas Bank Second Quarter Report Summary, FY 2077/78

Financial Indicators Q2, FY 2077/78 Q4, 2076/77 Percent Change
Paid-up capital(Rs.’Arba’) 3.49 3.49 0
Reserve and Surplus(Rs.’Arba’) 1.37 1 37.00
Deposits From Customers (Rs.’Arba’) 44.75 36.31 23.24
Loans & Advances To Customers (Rs.’Arba’) 34.49 29.71 16.09


Financial Indicators Q2, FY 2077/78 Q2, 2076/77 Percent Change
Net Interest Income(Rs.’crores’) 64.8 73.69 -12.06
Operating Profit (Rs.’crores’) 43.73 40.13 8.97
Net Profit (Rs.’crores’) 30.55 28.08 8.80
Distributable Profit (Rs.’crores’) 15.75
Non Performing Loans, NPL(%) 0.68 0.8 -15.00
Base rate(%) 8.82 11.13 -20.75
Earnings Per Share, EPS(Rs.) 17.49
Networth Per Share ( Rs.) 139.39
Market Price Per Share (Rs.) [Poush  end, 2077] 224
P/E Ratio 12.81


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. 

Note: If you want to see the reports of other companies, Click Here.


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