Kathmandu. In the first quarter of the current fiscal year 2083/84 (mid-Asar to mid-Asoj), Nepal Bank Limited has earned a net profit of Rs 832.187 million. This is an attractive increase of 41.45 percent compared to the same period of the previous fiscal year. In the first quarter of the previous fiscal year 2082/83, the bank's net profit was Rs 588.287 million.

Similarly, the bank's total operating income has increased by 5.07 percent during the review period. Until mid-Asoj of the current fiscal year, the bank has earned a total operating income of Rs 3.136.252 billion. In the same period last year, the bank's total operating income was Rs 2.9849 billion.

The bank's operating profit has increased by 8.50 percent. The operating profit, which was Rs 917.120 million in the first quarter of last year, has increased to Rs 994.954 million in this quarter.

The bank's distributable profit has improved significantly, reaching Rs 2.75 billion 2.84 billion 45 thousand, which was in the negative (loss) of Rs 571 million 92 thousand in the same period last year.

The bank's net interest income has declined moderately. Net interest income, which was Rs 2.56 billion 95 million 90 thousand in the first quarter of the last fiscal year, has decreased by 3.08 percent to Rs 2.49 billion 574 thousand in the same period of the current fiscal year.

The bank's asset quality has also improved. The bank's non-performing loan ratio, which was 5.49 percent in the first quarter of the last fiscal year, has decreased to 4.61 percent in the same period of the current fiscal year.

Similarly, the bank's earnings per share (EPS) has increased from Rs 16.01 to Rs 22.65, while net worth per share has increased to Rs 292.89.

During the review period, both the bank's deposit collection and loan flow have increased. During this period, the bank's total deposits increased by 4.56 percent to Rs 434.13 billion and 19.19 billion, while credit flow increased by 2.66 percent to Rs 250.75 billion.