Himalayan Bank Limited (HBL) has published its second-quarter report for the FY 2078/79 today with a rise in net profit by 13.8%. The bank’s profit has increased from Rs. 65.32 crores in the second quarter of the fiscal year 2077/78 to Rs 74.34 crores in the second quarter of the fiscal year 2078/79.
In the same quarter, the bank has Rs 24.51 crore as distributable profit after PL Appropriation and Regulatory Adjustments.
The bank’s deposit from customers has increased by 17.37% (compared to the immediate previous year ending) to Rs 1.65 kharba and loans and advances to customers increased by 19.54% (compared to the immediate previous year ending) to Rs 1.50 Kharba till the second quarter. The net interest income (core business income) of the bank has increased by 8.91% to Rs 1.91 arba from Rs 1.75 arba of the corresponding quarter.
The bank’s paid-up capital stands at Rs 12.96 arba with Rs 7.39 arba as its reserve and surplus. The Non-performing loan stands at 0.72%.
In the second quarter, the annualized EPS of the bank stands at Rs 11.47. The net worth per share stands at Rs 157.05.
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