Month: May 2024

MKCL Reports Turnaround: Q3 FY 2080/81 Sees Significant Profit Growth
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MKCL Reports Turnaround: Q3 FY 2080/81 Sees Significant Profit Growth

Muktinath Krishi Company Limited (MKCL) has released its financial report for the third quarter of FY 2080/2081, revealing a remarkable upswing in earnings. The company disclosed a net profit of Rs. 2.12 Crores for the quarter, marking a significant turnaround from the net loss of Rs. 2.99 crores in the corresponding quarter of the previous […]

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ALICL Reports Impressive Surge: Q3 FY 2080/81 Sees Net Profit Growth of 254.92%
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ALICL Reports Impressive Surge: Q3 FY 2080/81 Sees Net Profit Growth of 254.92%

Asian Life Insurance Company Limited (ALICL) has unveiled its third-quarter financial report for FY 2080/2081, showcasing an impressive surge of 254.92% in net profit. The company’s net profit soared to Rs. 69.11 crores, marking a substantial increase from the Rs. 19.47 crores recorded in the corresponding quarter of the previous fiscal year. ALICL maintains a […]

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UAIL Reports Strong Growth: Q3 FY 2080/81 Sees 46.06% Surge in Net Profit
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UAIL Reports Strong Growth: Q3 FY 2080/81 Sees 46.06% Surge in Net Profit

United Ajod Insurance Limited (UAIL) has unveiled its third-quarter financial results for the fiscal year 2080/2081, showcasing a remarkable surge in net profit. The company’s net profit experienced a significant jump of 46.06%, reaching Rs. 27.42 crores compared to Rs. 18.77 crores in the same quarter of the previous fiscal year. UAIL boasts a paid-up […]

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Laxmi Sunrise Bank Limited Initiates Auction of 75,88,397 Units of Promoter Shares
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Laxmi Sunrise Bank Limited Initiates Auction of 75,88,397 Units of Promoter Shares

Laxmi Sunrise Bank Limited (LSL) has announced the commencement of an auction for 75,88,397 units of shares by its existing promoter. Promoter shareholders interested in acquiring these shares are invited to participate in the auction process. Interested promoter shareholders are requested to submit their details to the central office of the bank located at Hattisar, […]

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SJLIC Announces 35% Dividend, Urges Shareholders to Dematerialize Shares
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SJLIC Announces 35% Dividend, Urges Shareholders to Dematerialize Shares

In a recent development, SuryaJyoti Life Insurance Company Limited (SJLIC) has declared a substantial 35% dividend for the fiscal year 2079/80. Shareholders are in for a treat as the company distributes 10.26% bonus shares and 24.74% cash dividend. The total worth of the dividends amounts to Rs. 1.12 Arba, bringing good news to investors. The […]

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Gold Prices Surge: Up by Rs. 2,300 per Tola, Silver Also Sees Increase
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Gold Prices Surge: Up by Rs. 2,300 per Tola, Silver Also Sees Increase

Today witnessed a significant surge in the price of gold, a highly sought-after commodity in the market. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current rate of fine gold stands at Rs. 1,37,900 per tola, marking a substantial increase of Rs. 2,300 compared to yesterday’s price of Rs. 1,35,600 […]

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Unilever Nepal Ltd. Reports Impressive Q3 Financial Results: Net Profit Surges by 30.46%
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Unilever Nepal Ltd. Reports Impressive Q3 Financial Results: Net Profit Surges by 30.46%

Unilever Nepal Limited (UNL) has unveiled its financial performance for the third quarter of the fiscal year 2080/81, showcasing remarkable growth in net profit. The company’s net profit soared by 30.46%, reaching Rs. 48.61 Crores, a substantial increase from Rs. 37.26 Crores recorded in the same quarter of FY 2080-81. Moreover, UNL’s revenue for the […]

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Gold Prices Drop in Nepal
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Gold Prices Drop in Nepal

The price of fine gold in Nepal has experienced a notable decrease, falling by Rs. 800 to now trade at Rs. 1,35,600 per tola, according to the latest figures from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The prior rate was Rs. 1,36,400 per tola. Tejabi gold, similarly, has seen a price […]

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NEPSE Index Sees Rise
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NEPSE Index Sees Rise

The Nepal Stock Exchange (NEPSE) Index experienced a positive shift, climbing by 0.28% or 5.63 points to close at 1,966.23 points today, recovering from a previous loss of 2.06 points. The trading began at 1,963.45 and saw highs and lows ranging from 1,970.55 to 1,955.15, indicating a volatile day for traders. A total of 49,332 […]

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STC Reports Strong Q3 Growth
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STC Reports Strong Q3 Growth

Salt Trading Corporation Limited (STC), in its latest financial update, has reported a significant profit increase in the third quarter of the fiscal year 2080-81. The company’s net profit rose to Rs. 5.19 crores, marking a 40% increase compared to Rs. 3.71 crores in the same period last year. STC’s financial health is robust, with […]

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