Kathmandu: Everest Bank has earned a net profit of only Rs 961.9 million in the second quarter of the current fiscal year. This is 36.29% less than last year. The bank had earned a net profit of Rs 1.5 billion in the same period last year. The bank's distributable profit has also declined by 21.89%.

 The bank's net interest income has declined by 34.85% and operating profit by 36.30%. Due to this, the profit seems to have decreased. By mid-January, the bank's deposit mobilization increased by 6.36% while credit flow decreased by 0.73%. The bank's earnings per share also declined by Rs 14.03 to Rs 21.63. Its net worth per share is Rs 218.93.