Kathmandu. Kumari Bank has published its financial results for the end of April.

The company earned a net profit of Rs 4.17 billion. The profit increased by 1361.76 percent compared to the same period of the previous year.

The bank made a profit of Rs 28.58 crore in the same period last year. During the review period, the bank’s net interest income increased by 17.80 percent to Rs 9.30 billion.

The bank’s operating profit increased by 657.80 percent to Rs 6.50 billion from Rs 85.83 million. During the period, the bank’s impairment charge decreased from Rs 5.16 billion to Rs 1.56 billion.

The distributable profit of the bank is negative at Rs 1.98 billion. The bank’s earnings per share stood at Rs 21.24 and net worth per share stood at Rs 158.53.

The NPL of the bank has come down from 6.98 percent to 6.94 percent. The bank has a paid-up capital of Rs 26.22 billion and reserve fund of Rs 17.33 billion.

The bank collected deposit of Rs 381.66 billion and extended loan of Rs 273.21 billion to its customers.