Kathmandu. Machhapuchchhre Bank’s profit has increased. According to the bank’s second quarter financial report, the bank’s net profit increased by 25.25 percent to Rs 1.01 billion.

The bank had posted a net profit of Rs 80.73 crore in the same quarter last year. During this period, the bank’s net interest income has increased and operating profit has decreased.

The bank’s net interest income increased by 4.16 percent to Rs 2.94 billion. Similarly, the operating profit decreased by 10.22 percent to Rs 1.45 billion.

During the period, the bank’s distributable profit stood at Rs 43.63 crore. Distributable earnings per share is Rs 7.22.

The bank has EPS of Rs 16.73 and net worth per share of Rs 161.60.

The bank has paid-up capital of Rs 12.08 billion and reserve fund of Rs 6.98 billion.

The bank collected deposit of Rs 204.04 billion till mid-January and extended loan of Rs 154.95 billion.