Kathmandu. Jyoti Bikas Bank has earned a profit of Rs 62.94 crore till the end of April of the current financial year. This profit has increased by 105.30 percent compared to the same period of the previous year. The bank had earned a profit of Rs 30.66 crore in the same period of the previous financial year.

During this period, the bank’s net interest income, operating profit has increased and the impairment charge has decreased. As a result, the bank’s profit has increased. The bank’s net interest income has increased by 0.78 percent to Rs 1.59 billion till the end of March.

Similarly, the operating profit of the bank increased by 105.27 percent to Rs 89.90 crore. In the first nine months of the current fiscal year, the bank’s impairment charge has come down from Rs 52.16 crore to Rs 11.84 crore.

The distributable profit of the bank is negative at Rs 43.48 crore. Non-performing loans have increased from 4.98 percent to 7.83 percent.

The bank has EPS of Rs 19.43 per share and net worth per share of Rs 163.43 crore. The bank has a paid-up capital of Rs 4.39 billion and has a reserve fund of Rs 2.78 billion. The bank has collected deposits of Rs 64.49 billion and has invested Rs 47.98 billion in loans.