Kathmandu. Laxmi Sunrise Bank has earned a net profit of Rs 33.23 crore in the first three months of the current FY.

The profit was 38.04 percent lower than the corresponding period of the previous FY. The bank had posted a net profit of Rs 53.63 crore in the same period last year.

During the period, the bank’s net interest income increased by 6.73 percent to Rs 2.71 billion. The operating profit of the bank declined to Rs 43.81 crore from Rs 75.69 crore. The distributable profit stood at Rs 2.62 billion.

The bank has paid-up capital of Rs 24.34 billion and reserve fund of Rs 18.04 billion. It collected deposits of Rs 375 billion and extended loans of Rs 282.37 billion. The bank has net worth per share of Rs 217 and EPS of Rs 5.46.