Kumari Bank Reports Fall In Net Profit By 10 Percent [Q1 Report]
October 31, 2021 | Investopaper
Kumari Bank (KBL) has published the unaudited first quarterly report of the fiscal year 2078/79. As per the unaudited report, the bank has reported a decline in net profit by 10 percent as compared to the corresponding period of the previous fiscal year. In the three months of this fiscal year, the bank has posted a net profit of Rs 54.11 crores, down from Rs 60.25 crores of the same period last year.
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Kumari Bank’s Performance In Fiscal Year 2077/78
Dividend History Of Kumari Bank Limited (KBL)
As of Ashwin’s end 2078 BS, Kumari Bank has a paid-up capital of Rs 13.78 Arba with Rs 5.35 Arba in reserve and surplus. Until the review period, the bank has floated Rs 152.37 Arba as loans and advances to the customers.
With the fall in net profit, the annualized earnings per share (EPS) stood at Rs 15.60 while the per-share net-worth is Rs 138.56.
The report of Kumari bank is also summarized in the table below:
Kumari Bank Limited (KBL): First Quarter Report Summary, FY 2078/79
| Financial Indicators | Q1, F.Y. 2078/79 | Q4, F.Y. 2077/78 | Percent Change |
| Paid-up capital (Rs. ‘Arba’) | 13.78 | 13.78 | 0.00 |
| Reserve and Surplus (Rs. ‘Arba’) | 5.35 | 5.01 | 6.79 |
| Deposits From Customers (Rs. ‘Arba’) | 155.18 | 145.83 | 6.41 |
| Loans & Advances To Customers (Rs. ‘Arba’) | 152.37 | 137.89 | 10.50 |
| Financial Indicators | Q1, F.Y. 2078/79 | Q1, F.Y. 2077/78 | Percent Change |
| Net Interest Income (Rs. ‘Arba’) | 1.28 | 1.31 | -2.29 |
| Operating Profit (Rs. ‘Arba’) | 0.76 | 0.86 | -11.63 |
| Net Profit (Rs. ‘Arba’) | 0.54 | 0.6 | -10.00 |
| Distributable Profit (Rs. ‘Arba’) | 1.10 | – | – |
| Non Performing Loans, NPL(%) | 0.82 | 1.43 | -42.66 |
| Base rate (%) | 7.88 | 8.4 | -6.19 |
| Earnings Per Share, EPS(Rs.) | 15.60 | ||
| Networth Per Share ( Rs.) | 138.56 | ||
| Market Price Per Share (Rs.) [Ashwin end, 2078 BS] | 288 | ||
| P/E Ratio | 18.46 |
Source: Unaudited Q1 Report, FY 2078/79
Note:
The above figures are based on the un-audited quarterly 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.
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