Kamana Sewa Bikas Bank Publishes 4th Quarter Financial Analysis, Posts Rs 894.17 Million Profit -

Kamana Sewa Bikas Bank Limited reported a 33.50% year-on-year increase in net profit, reaching Rs 894.18 million in the fourth quarter of FY 2082/83, driven by lower cost of funds, higher net interest income and reduced provisioning expenses. Net interest income rose 3.98% to Rs 2.41 billion, while operating profit increased 32.87% to Rs 1.38 billion.

Earnings per share (EPS) improved to Rs 22.75, and the bank's distributable profit stood at Rs 601.1 million, indicating a dividend capacity of 15.16%. During the review period, deposits reached Rs 66.74 billion and loans expanded to Rs 55.80 billion. However, the gross non-performing loan (NPL) ratio increased slightly to 3.77% from 3.49% a year earlier.