Kathmandu: Manjushree Finance Limited has posted a net profit of Rs 314.4 million for the last fiscal year, marking a 39.97 percent increase compared to the previous year’s Rs 224.6 million, according to its unaudited financial statement.
The significant profit growth was driven by higher net interest income and operating revenue. Net interest income rose 16.51 percent year-on-year to Rs 873.2 million, while operating profit jumped 48.50 percent to Rs 518 million. The distributable profit for the year stood at Rs 354.5 million.
The company’s deposits grew 25.89 percent to Rs 22.94 billion, and total loans increased 19.65 percent to Rs 18.59 billion. As of the end of the fiscal year, Manjushree’s paid-up capital stood at Rs 1.35 billion, with retained earnings of Rs 354.5 million and reserves totaling Rs 738.2 million.
Non-performing loans (NPLs) improved slightly, declining from 3.22 percent to 3.11 percent. Earnings per share (EPS) rose by Rs 6.64 to Rs 23.26 during the review period, while net worth per share reached Rs 180.85.
The company’s price-to-earnings (P/E) ratio stood at 26.79 times as of mid-July, with a dividend-paying capacity exceeding 26 percent, backed by strong profitability and capital reserves.
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