Kathmandu: Maruti Oil Industries posted a business of nearly Rs 2 billion in the first six months of the current fiscal year, generating revenue of Rs 1.97 billion during the period.
The company, backed by joint investment from the Devnara and Baba Group, had recorded total business of Rs 2.89 billion in the previous fiscal year. Despite the solid figures, its turnover in the current fiscal year’s first half has declined by around 25 percent compared to the same period last year.
Established in 2021, the company processes soybean oil and exports its entire production to India. Although operations began commercially toward the end of 2024, the industry has an annual production capacity of 74,386 metric tons. The company is chaired by Rajendra Prasad Mundara.
While revenue has dipped, the company has improved its operational efficiency. Its operating margin increased from 7.7 percent in the first half of the previous fiscal year to 8.2 percent during the same period this year, indicating better cost management.
Maruti Oil Industries has secured a credit rating totalling Rs 2.244 billion for both long-term and short-term borrowing. Of this, Rs 154 million is allocated for long-term loans, while Rs 2.09 billion is designated for short-term financing.
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