Dhaka, Feb. 11 -- Jamuna oil showed a 16.72 per cent year-on-year surge in profit to Tk 1.4 billion in its second quarter of FY25 as its interest income escalated.

Earnings per share rose to Tk 12.68 in the second quarter of FY25 from Tk 10.86 in the same period the year before.

Jamuna oil has a huge sum as deposits in banks and financial institutions.

Historically, it has shown lower operating incomes, compared to non-operating incomes, such as bank interest. Recently, its interest income shot up due to interest rate hikes. Hence, EPS went up in Q2 FY25, compared to Q2 FY24.

After the earnings disclosure, the stock of Jamuna oil climbed up 0.91 per cent to Tk 176.70 per share on the Dhaka Stock Exchange (DSE). Its current price-to-ea...