Financial Reports News
NTC’s Growth Engine: Net Profit Surges to Rs 6.27 Billion in Q3
Nepal Telecom reports a 9.85% increase in net profit for the third quarter of FY 2082/83, driven by a surge in GSM revenue and reduced depreciation expenses.
Mountain Energy Nepal Q3 Update: Revenue Hits Rs 1.79 Billion as Profit Surges
Mountain Energy Nepal Limited reports a 17.01% rise in electricity revenue and a 13.45% increase in net profit for the third quarter.
SHIVM Strengthens Balance Sheet with Rs 13.08 Billion in Total Assets
Shivam Cements reports a Rs 61.91 crore net profit, ready to pivot as soon as the domestic infrastructure market recovers.
Himalayan Distillery Defies Economic Slowdown: Profits Skyrocket as Sales Hit Massive 3.09 Billion!
Himalayan Distillery Limited reported a 15.16% increase in net profit and an 11% rise in sales revenue in its third-quarter financial report. Despite economic challenges, the company maintains strong reserves and high investor interest.
Chilime Hydropower’s Profit Dips Despite a Massive Surge in Investment Income: Q3 Report Unveiled
Chilime Hydropower reported a net profit of Rs 45.69 crore in Q3, representing a decline due to higher expenses despite a 14.23% increase in investment earnings.
Inside the Chaitra Mutual Fund Surge: Where Nepal's Big Investors Are Pouring Billions
Mutual fund investments in Nepal reached Rs. 66.70 Arba in Chaitra, with fund managers favoring commercial banks, hydropower, and microfinance sectors. While total investments rose, individual fund performance varied, with Prabhu Smart Fund leading NAV gains.
Earnings Under Pressure: NIC Asia Reports Only Rs 14 Crore Profit in Q3
NIC Asia Bank’s profit fell to Rs 140.3 million this quarter, with distributable earnings hitting a massive negative balance.
Strong Q3 Surge: Siddhartha Bank’s Profit Climbs by Over 20%
Siddhartha Bank’s profit rose to Rs 2.01 billion today, while its distributable fund surged to nearly Rs 3 billion.
EPS on the Rise: Machhapuchchhre Bank Records Strong Financial Turnaround
Machhapuchchhre Bank's profit hit Rs 1.65 billion today, with EPS rising to Rs 18.30 after a sharp drop in impairment costs.
Nabil’s Q3 Milestone: Net Profit Surpasses Rs 6.5 Billion Mark
Nabil Bank reported a massive Rs 6.76 billion profit this quarter, significantly boosting its ability to reward shareholders.
Nepal Bank’s Q3 Performance: Net Profit Climbs to Rs 2.79 Arba
Nepal Bank Limited (NBL) posts a net profit of Rs 2.79 Arba in Q3, bolstered by improved interest income and a significant reversal in impairment charges.
Everest Bank Q3 Update: Net Profit Hits Rs 3.33 Arba Amid Lending Surge
Everest Bank Limited (EBL) records a net profit of Rs 3.33 Arba for Q3, showing a slight 3.71% decline despite a significant 17.54% surge in lending.