Kathmandu. Kamana Service Development Bank has increased its profit in the same period of the last fiscal year as compared to the fourth quarter of the previous fiscal year.

Compared to the previous fiscal year, the bank’s profit has increased by 9.19 percent till mid-June of the last fiscal year. The bank’s net profit stood at Rs 635.2 million in mid-July of the last fiscal year.

In the same period of the previous fiscal year, the bank’s net profit stood at Rs 581.8 million. During this period, the bank’s net interest income and operating profit increased.

Net interest income of the bank increased by 5.25 percent to Rs 2.24 billion and operating profit increased by 1.97 percent to Rs 986.9 million.

The bank has a paid-up capital of Rs 3.51 billion and a reserve fund of Rs 2.39 billion. The bank collected deposits of Rs 62.83 billion and disbursed loans worth Rs 49.96 billion.

During the period, the bank’s distributable profit increased by 47.71 percent to Rs 607.4 million. It was Rs 411.2 million in the same period of the previous fiscal year. The bank’s earnings per share is Rs 17.30.

The bank’s earnings per share increased by 37 paise to Rs 18.10. The net worth of the bank is Rs 168.13 per share.