Kathmandu: Laxmi Bank has earned a net profit of Rs 807.11 million in the second quarter of the current fiscal year. Laxmi's net profit decreased by 10.62% compared to the same period last year. The bank's own interest income and operating profit have declined. Distributable profit also decreased by 14.74% to Rs. 504.62 million.

 Meanwhile, deposit mobilization and credit investment have also increased. Paid up capital has improved by 9% and reserve fund by 30.15%. But retained earnings declined by 25.51%. Similarly, earnings per share also declined by Rs 3.32 to Rs 15.9. But the net worth per share has increased by Rs 9.93.