Kumari Bank Reports Growth In Profit By 51 Percent (Q2 Report)
January 25, 2021 | Investopaper
Kumari Bank has shown a decent growth in performance until the second quarter of the current fiscal year 2077/78. As per the unaudited second quarterly report, the bank has posted a net profit of Rs 1.21 Arba in six months. This is 51 percent higher than the corresponding period of the previous fiscal year. Last year, the bank had earned Rs 80 crores in net profit.
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Kumari Bank’s Performance In FY 2076/77
Dividend History Of Kumari Bank International (KBL)
The table below presents the summarized version of second quarterly report (Q2) published by Kumari Bank Limited (KBL).
Kumari Bank Second Quarter Report Summary, FY 2077/78
| Financial Indicators | Q2, F.Y. 2077/78 | Q4, F.Y. 2076/77 | Percent Change |
| Paid up capital(Rs.’Arba’) | 13.87 | 12.52 | 10.78 |
| Reserve and Surplus(Rs.’Arba’) | 4.27 | 4.75 | -10.11 |
| Deposits From Customers (Rs.’Arba’) | 122.72 | 116.54 | 5.30 |
| Loans & Advances To Customers (Rs.’Arba’) | 114.73 | 110.71 | 3.63 |
| Financial Indicators | Q2, F.Y. 2077/78 | Q2, F.Y. 2076/77 | Percent Change |
| Net Interest Income(Rs.’Arba’) | 2.49 | 1.82 | 36.81 |
| Operating Profit (Rs.’Arba’) | 1.74 | 1.13 | 53.98 |
| Net Profit (Rs.’Arba’) | 1.21 | 0.8 | 51.25 |
| Distributable Profit (Rs.’Arba’) | 0.63 | – | – |
| Non Performing Loans, NPL(%) | 1.06 | 1.04 | 1.92 |
| Base rate(%) | 2.92 | 10.45 | -72.06 |
| Earnings Per Share, EPS(Rs.) | 17.53 | ||
| Networth Per Share ( Rs.) | 130.82 | ||
| Market Price Per Share (Rs.) [Poush end, 2077] | 284 | ||
| P/E Ratio | 16.20 |
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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