Kamal Muktinath Bikas Bank Limited has posted strong financial results for the fiscal year 2081/82, with net profit crossing Rs. 1.53 Arba. This is a 30.70% increase compared to the previous fiscal year’s profit of Rs. 1.17 Arba.
By the end of Ashad, the bank’s net interest income rose by 7.50% to Rs. 4.55 Arba, up from Rs. 4.23 Arba a year earlier. Similarly, the operating profit grew from Rs. 1.70 Arba to Rs. 2.23 Arba during the same period.
However, the bank’s non-performing loans (NPL) saw a slight increase from 2.37% to 2.75%. Despite this, the bank’s distributable profit stood at Rs. 1.46 Arba, indicating the potential to provide 20.75% dividend to its shareholders.
As of the end of the fiscal year, the bank’s paid-up capital reached Rs. 7.04 Arba, and its reserve fund stood at Rs. 20.05 crore. The earnings per share (EPS) were Rs. 21.82, while the net worth per share was Rs. 169.95.
The results highlight the bank’s steady growth in profitability and income, showing strong performance in a challenging economic environment.
Notice: Muktinath Bikas Bank Reports Strong Profit Growth in Q4 FY 2081/82
