Shangrila Development Bank Limited has delivered a strong financial performance in the second quarter of the fiscal year 2025/26 (FY 2082/83), posting a 53.95 percent rise in net profit.
According to the unaudited financial statement published today, the bank earned a net profit of NPR 302.5 million during the period from mid-July to mid-January, compared to NPR 196.5 million in the same period of the previous fiscal year.
During the review period, the bank’s operating profit surged by 69.33 percent to NPR 451.3 million. Similarly, net interest income increased by 18.49 percent to NPR 1.088 billion in the first six months of the current fiscal year, up from NPR 918.2 million in the corresponding period last year.
As of mid-January, the bank reported a distributable profit of NPR 94.6 million, reflecting a dividend capacity of 5.07 percent by the end of the second quarter.
The bank’s annualized earnings per share (EPS) improved to NPR 16.21, while net worth per share stood at NPR 153.24. The price-to-earnings (P/E) ratio of the bank was recorded at 24.78 times during the review period.
In terms of capital structure, Shangrila Development Bank has a paid-up capital of NPR 3.734 billion. The bank’s retained earnings amounted to NPR 94.6 million, while reserves reached NPR 1.893 billion.
By mid-January, the bank had mobilized deposits of NPR 54.39 billion and extended loans and advances totaling NPR 44.41 billion. The notable improvement in profit, income, and lending activities highlights the bank’s strengthening financial position and growing operational efficiency.
