Rupali Bank posts Tk 6.13cr profit in Q1 FY25

Rupali Bank PLC reported a profit of Tk 6.13 crore in the first quarter (July-September) of the current financial year 2024-25. 

The bank also made a profit of Tk  49.80 crore in the January to September period of the current calendar year 2024, posting a 16 percent increase year-on-year. 

As a result, consolidated diluted earnings per share (EPS) rose to Tk 0.43 for the January-September period from a restated Tk 0.37 for the same period last year, according to its unaudited financial statements.  The EPS boost was driven by higher operating income, the bank said in a disclosure on the Dhaka Stock Exchange (DSE) website. 
However, Rupali's net operating cash flow per share (NOCFPS) for January-September 2024 hit a concerning Tk 18.10 in the negative, which the bank attributed to a decrease in deposits and an increase in loans and advances.