Kathmandu. Kamana Sewa Bikas Bank has published its financial results for the first quarter of the current fiscal year 2082/83. The bank has earned a net profit of Rs 19.75 crore till mid-October.

The profit of the bank increased by 12.92 percent compared to the same period of the last FY. The bank had posted a net profit of Rs 17.49 crore in the same period last year. The bank’s net interest income and operating profit have increased till mid-October. The impact of this has been seen on the profitability of the bank.

The bank has earned a net interest income of Rs 61.76 crore till mid-October. In the same period of the last fiscal year, it was 51 crore 87 lakh 41 thousand. The distributable profit of the bank stood at Rs 13.52 crore as of mid-October. The ability to pay dividend to shareholders is Rs 14.01.

Similarly, the operating profit of the bank stands at Rs 28.46 crore. In the same period last year, it was Rs 25.67 crore. The bank’s net fee and commission income stood at Rs 8.44 crore.

The bank has a paid-up capital of Rs 3.86 billion and reserve fund of Rs 1.88 billion. The bank collected deposits of Rs 63.04 billion and extended loans of Rs 51.44 billion.

As of mid-October, the bank has EPS of Rs 20.46 and net worth per share of Rs 152.31. As of mid-October, the non-performing loan of the bank stood at 4.41 percent. It was 3.96 percent in the same period last year.