Nepal Infrastructure Bank Reports Net Profit Of Rs 24.20 Crores In 3 Months [Q1 Report]
November 14, 2021 | Investopaper
Nepal Infrastructure Bank Limited (NIFRA) has earned a net profit of Rs 24.20 crores in the first three months of the current fiscal year 2078/79. Publishing the unaudited first quarterly report, the bank has reported a rise in profit by 33 percent as compared to the previous year. Until the first quarter of the fiscal year 2077/78, the net profit of the bank stood at Rs 18.01 crores.
As of Ashwin’s end 2078 BS, Nepal Infrastructure Bank has a paid up capital of Rs 20 Arba with Rs 2.64 Arba in reserve and surplus. The annualized per share earnings (EPS) and net worth per share stand at Rs 4.84 and Rs 113.22 respectively.
The report of Nepal Infrastructure Bank (NIFRA) is summarized in the table below:
Nepal Infrastructure Bank (NIFRA): Q1 Report Summary, FY 2078/79
| Financial Indicators | Q1, F.Y. 2078/79 | Q1, F.Y. 2077/78 | Percent Change |
| Paid up capital (Rs.’Arba’) | 20 | 12 | 66.67 |
| Reserve and Surplus (Rs.’Arba’) | 2.64 | 1.81 | 45.86 |
| Deposits (Rs.’Arba’) | 0.29 | 0.25 | 16.00 |
| Loans & Advances (Rs.’Arba’) | 4.92 | 0.09 | 5366.67 |
| Net Interest Income (Rs.’Arba’) | 0.41 | 0.28 | 46.43 |
| Operating Profit (Rs.’Arba’) | 0.34 | 0.25 | 36.00 |
| Net Profit (Rs.’Arba’) | 0.24 | 0.18 | 33.33 |
| Distributable Profit (Rs.’Arba’) | 0.19 | 0.00 | |
| Non Performing Loans, NPL(%) | – | – | – |
| Base rate(%) | – | – | – |
| Earnings Per Share, EPS (Rs.) | 4.84 | ||
| Networth Per Share ( Rs.) | 113.22 | ||
| Market Price Per Share (Rs.) [Ashad end, 2078 BS] | 360 | ||
| P/E Ratio | 74.38 |
Source: Unaudited Q1 Report, FY 2078/79
Note:
The above figures are based on the unaudited 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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