Kathmandu. Kumari Bank’s profit has increased sharply.According to the bank’s unaudited financial statements for the fourth quarter of the last fiscal year, the bank’s net profit increased by 305.96.The bank earned a net profit of Rs. 7.38 billion during the period.The bank had posted a net profit of Rs 1.81 billion in the same period of the previous FY.

The bank’s net profit increased in the fourth quarter of the last fiscal year after the bank’s net income increased and the IMPAY charge reversed. 

In the fourth quarter of the last FY, the bank’s net interest income increased by 3.37 percent in the fourth quarter of the last fiscal year. The bank’s net fee and commission income increased by and total operating income by 7.66 and } by 14.55% and total operating income by 7.66{{}. 

Similarly, the bank’s charge of Rs 1.43 billion has also been reversed. operating profit of increased by 101.09 while distributable profit of Rs. 79.16 crore and ( earnings per share increased by Rs. 3.02 per share. 

The bank’s net profit and earnings per share (EPS) also increased during the review period. During the period, the bank’s net worth per share increased by Rs 21.23 to Rs 28.17, while the bank’s P/E ratio increased by Rs 21.23 to Rs 28.17, while the bank’s net worth per share {{{} and P/E ratio {{{} increased to 7.45. The bank has a paid-up capital of Rs 26.22 billion and reserve fund of Rs 18.56 billion .82 billion. During the period, the bank collected deposits of Rs.402 billion and disbursed Rs. 270 billion in loans.