Shangri-La Development Bank’s net profit rises 53.95%

लगानी न्यूज

११ माघ २०८२, आईतवार ११:३९January 25, 2026

. Shangri-La Development Bank (SDB) has published its financial statements for the second quarter of the current FY. According to the financial statement released by the bank, there has been a significant improvement in the profit.

The bank has earned a net profit of Rs. 30.2 TAG_OPEN_div_44 5 crore in the first quarter of the current FY. The net profit of the bank increased by 53.95 percent compared to the corresponding period of the previous FY. The bank had posted a net profit of Rs 19.65 crore in the last FY.

The bank’s net interest income has increased.TAG_OPEN_div_42 Due to which the bank’s impairment charge has decreased. This has helped in increasing the profitability of the bank.

The bank’s net interest income increased by 18.49 percent to Rs 1.TAG_OPEN_div_40 08 billion in the first quarter of the current fiscal year. In the last fiscal year, the bank had a net profit of Rs 91.82 crore.

Similarly, the bank’s net fee and commission income increased by 11.29 percent to Rs 12.53 crore.TAG_OPEN_div_38 In the last fiscal year, the bank had a net profit of Rs 10.78 crore.

Likewise, the bank’s total operating income increased by 19.46 percent to Rs 1.25 billion and operating profit by 59.33 percent to Rs 451.31 million in the review period.TAG_OPEN_div_36

During the review period, the company’s impairment charge decreased from Rs 20.85 crore to Rs 17.68 crore.TAG_OPEN_div_34 As a result, the bank’s earnings per share have also increased.

As of mid-January 2018, the bank has a distributable profit of Rs 9.46 crore and distributable earnings of Rs 5.07 per share.TAG_OPEN_div_32

The bank’s earnings per share also increased.TAG_OPEN_div_30 In the review period, the bank’s income increased by Rs 4.75 to Rs 16.21.

During the period, the bank has P/E ratio of 24.78 times and net worth per share of Rs 153.24.TAG_OPEN_div_28

As of mid-January, the bank has a paid-up capital of Rs 3.73 billion and reserve fund of Rs 1.98 billion.TAG_OPEN_div_26 As of mid-January, the bank collected deposit of Rs 54.39 billion and extended loan of Rs 44.40 billion.

The base rate of the bank is 6.17 percent during this period.TAG_OPEN_div_24 According to the data released by the bank, the NPL of the bank stood at 6.89 percent in the first six months of the current fiscal year.