Kathmandu. Mahalaxmi Bikas Bank’s net profit has increased by 3.42 percent in the first three months of the current FY. It was Rs 9,42,89,000 in mid-October last year. Now it has increased to Rs 9.75 crore.

In the first quarter of the current fiscal year, the bank’s net interest income, operating profit has increased and the impairment charge has decreased. As of mid-October, the bank’s net interest income stood at Rs 50.89 crore. It was Rs 48.32 crore in the same period last year.

Similarly, the operating profit stood at Rs 18.08 crore. It was Rs 13.57 crore in the same period last year. The bank’s impairment charge has come down from Rs 16.36 crore to Rs 15.78 crore.

In the first quarter of the last FY, the bank’s NPL stood at 4.90 percent. Now it is 5.50 percent. The company has EPS of Rs 9.08 and net worth per share of Rs 165.43.