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Lakshmi Vilas Bank Net Profit |
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Re: lakshmi vilas bank net profit
The Company was incorporated at Karur, South India. The main object of the company is The Bank transacts banking business of every description. Lakshmi Vilas Bank was founded in 1926 by a group of seven businessmen of Karur under the leadership of Shri V.S.N. Ramalinga Chettiar. Products: Consumer banking, Corporate banking, Finance and insurance, Investment banking, Mortgage loans, Private banking, Wealth management Revenue Rs.2,568.29 crore (US$400 million) (2016) Operating income Rs.407.12 crore (US$63 million) (2016) Profit Rs.265 crore (US$41 million) (2017) Total assets Rs.28,732.16 crore (US$4.5 billion) Profit & Loss account of Lakshmi Vilas Bank As on February 2018: Mar '17 Mar '16 Mar '15 Mar '14 Mar '13 12 mths 12 mths 12 mths 12 mths 12 mths Income Interest Earned 2,846.66 2,568.30 2,214.53 1,983.95 1,760.55 Other Income 502.77 304.53 284.03 217.99 197.07 Total Income 3,349.43 2,872.83 2,498.56 2,201.94 1,957.62 Expenditure Interest expended 2,064.00 1,922.99 1,687.88 1,497.94 1,368.55 Employee Cost 334.71 275.35 230.35 187.88 157.62 Selling, Admin & Misc Expenses 646.59 456.48 432.51 432.89 314.43 Depreciation 48.06 37.76 15.54 23.58 25.44 Operating Expenses 651.38 542.70 434.25 395.01 337.92 Provisions & Contingencies 377.98 226.89 244.15 249.34 159.57 Total Expenses 3,093.36 2,692.58 2,366.28 2,142.29 1,866.04 Mar '17 Mar '16 Mar '15 Mar '14 Mar '13 12 mths 12 mths 12 mths 12 mths 12 mths Net Profit for the Year 256.07 180.24 132.29 59.66 91.57 Profit brought forward 0.00 0.08 0.07 0.09 0.09 Total 256.07 180.32 132.36 59.75 91.66 Equity Dividend 0.00 53.84 35.84 9.76 29.26 Corporate Dividend Tax 0.00 10.96 7.17 1.66 4.97 Per share data (annualised) Earning Per Share (Rs) 13.38 10.04 7.38 6.11 9.39 Equity Dividend (%) 27.00 30.00 20.00 10.00 30.00 Book Value (Rs) 102.74 88.70 82.48 100.16 96.02 Appropriations Transfer to Statutory Reserves 193.81 115.51 89.26 48.26 57.34 Proposed Dividend/Transfer to Govt 0.00 64.80 43.01 11.42 34.23 Balance c/f to Balance Sheet 62.26 0.00 0.08 0.07 0.09 Total 256.07 180.31 132.35 59.75 91.66 |
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