BAHL’s quarterly profits up by 6.6% to Rs4.9bn

Mar-22

Mar-21

% Change

Mark-up/return/interest earned

 34,193,065

 25,942,248

31.80%

Mark-up/return/interest expensed

 (18,169,622)

 (12,829,815)

41.62%

Net mark-up/return/interest income

 16,023,443

 13,112,433

22.20%

NON-MARK-UP/INTEREST INCOME

Fee and commission income

 2,842,253

 2,322,460

22.38%

Dividend income

 204,504

 61,183

234.25%

Foreign exchange income

 585,043

 649,786

-9.96%

Income/(loss) from derivatives

 -  

 -  

-

Gain on securities - net

 158,287

 3,930

3927.66%

Share of profit from associates

 173,828

 47,895

262.94%

Other income

 232,013

 163,477

41.92%

Total non-mark-up/interest income

 4,195,928

 3,248,731

29.16%

Total Income

 20,219,371

 16,361,164

23.58%

NON-MARK-UP/INTEREST EXPENSES

Operating expenses

 (11,725,626)

 (9,360,216)

25.27%

Worker’s welfare fund

 (167,824)

 (144,771)

15.92%

Other charges

 (251)

 (783)

-67.94%

Total non-mark-up/interest expenses

 (11,893,701)

 (9,505,770)

25.12%

Profit before provisions

 8,325,670

 6,855,394

21.45%

(Provisions)/ reversals and write offs - net

 (156,183)

 245,444

-

Extra-ordinary / unusual items

 -  

 -  

Profit before taxation

 8,169,487

 7,100,838

15.05%

Taxation

 (3,231,616)

 (2,467,793)

30.95%

Profit after taxation

 4,937,871

 4,633,045

6.58%

Earnings per share - Basic and Diluted (in Rupees)

 4.45

 4.17

6.71%