Karnali Development Bank Limited (KRBL) has released its unaudited quarterly report for the fiscal year 2079/80’s third quarter.
The firm recorded a net profit of Rs. 1.7 crores, compared to a net loss of Rs. 1.92 crores in the same period last year.
When compared to the same quarter last year, the company’s deposits fell by 2.11% to Rs.4.40 Arba, while loans and advances increased by 2.84% to Rs.3.39 Arba. The company’s CAR is now 10.20%, down from 11.12% earlier.
The bank has Rs. 50.28 crore in paid-up capital. At this capital, the bank’s EPS is Rs. 4.60, and its net worth is Rs. 118.20.
Highlights:
- The revenue generated by Ankhukhola Hydropower has decreased by 10.43% to Rs. 12.23 crores.
- Support Laghubitta’s Q3: Net Profit decreased by 42.33% to Rs 63.32 Lakhs, NPL decreased by 3.25%, and EPS decreased by 8.86%.
- Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results
- NIC Asia Laghubitta Bittiya Sanstha Limited Reports 58.93% Decline in Net Profit for Q3 FY 2079/2080
- Manakamana Smart Laghubitta Bittiya Sanstha Limited Reports Significant Decline in Net Profit for Q3 2079/2080