Mega Bank Earns Rs 1.97 Arba In Nine Months (Q3 Report)
April 28, 2021 | Investopaper
Mega Bank Nepal has reported decent growth in the third quarter of the current fiscal year 2077/78. The bank has increased its profit by almost 35 percent as compared to the corresponding period of the previous year. In the nine months of this fiscal year, the bank earned a net profit of Rs. 1.97 Arba. Last year, the profit stood at Rs. 1.45 Arba until the third quarter.
The unaudited report published by the bank is summarized in the table below:
Mega Bank Nepal Limited: Financial Highlights of 3rd Quarter, FY 2077/78
| Financial Indicators | Q3, FY 2077/78 | Q4, FY 2076/77 | Percent Change |
| Paid up capital (Rs. ‘Arba’) | 14.65 | 13.13 | 11.58 |
| Reserve and Surplus (Rs. ‘Arba’) | 5.25 | 4.87 | 7.80 |
| Deposits From Customers (Rs. ‘Arba’) | 133.35 | 127.89 | 4.27 |
| Loans & Advances To Customers (Rs. ‘Arba’) | 133 | 110.49 | 20.37 |
| Financial Indicators | Q3, FY 2077/78 | Q3, FY 2076/77 | Percent Change |
| Net Interest Income (Rs. ‘Arba’) | 4.08 | 3.18 | 28.30 |
| Operating Profit (Rs. ‘Arba’) | 2.77 | 2.07 | 33.82 |
| Net Profit (Rs. ‘Arba’) | 1.97 | 1.45 | 35.86 |
| Distributable Profit (Rs. ‘Arba’) | 1.29 | – | – |
| Non Performing Loans, NPL(%) | 1.31 | 1.32 | -0.76 |
| Base rate(%) | 7.59 | 9.94 | -23.64 |
| Earnings Per Share, EPS(Rs.) | 18.19 | ||
| Networth Per Share ( Rs.) | 136.41 | ||
| Market Price Per Share (Rs.) [Chaitra end, 2077 BS] | 321 | ||
| P/E Ratio | 17.65 |
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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