Nabil Bank earned Rs 1.11 arba in the first quarter of the year, representing a 7.39 percent increase.

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With an increase in Net Profit of 7.39 percent for the year 2078/2079, Limited (NABIL) has published its first-quarter report for the fiscal year 2078/2079. According to the bank’s financial statements, its net profit climbed from Rs. 1.03 Arba in the first quarter of fiscal year 2077/2078 to Rs. 1.11 Arba in the first quarter of fiscal year 2078/2079.

After deducting PL Appropriation and Regulatory Adjustments, the bank had a distributable profit of Rs 85.19 crore for the quarter under review.

Customer deposits climbed by 1.08 percent to Rs. 2.25 kharba (compared to the immediate previous year ending), but loans and advances to customers increased by 4.71 percent to Rs. 2.07 kharba (compared to the immediate previous year ending) through the first quarter of the fiscal year. When compared to the same quarter the previous year, the bank’s Net Interest Income (core business income) climbed by 42.41 percent to Rs. 2.24 Arba, representing a 42.41 percent rise.

are Rs. 13.84 Arba in paid-up capital and Rs. 20.39 Arba in Reserves and in the bank’s balance sheet. The percentage of non-performing loans (NPLs) maintained 1.13 percent in December.

Its annualized per share (EPS) were Rs. 32,14, and its net per share was Rs. 247.31, according to the most recent available data. The company traded a price-to- ratio of 46.12 times.

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