Articles & Updates

Jeevan Bikas Laghubitta Reports 32.87% Q2 Net Profit Decline, Core Revenue Slump, and Slight Deposit Rise 1
Business | Market | Economy

Jeevan Bikas Laghubitta Reports 32.87% Q2 Net Profit Decline, Core Revenue Slump, and Slight Deposit Rise

In its latest second-quarter report for the fiscal year 2080/2081, Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) reported a significant 32.87% decrease in net profit. The net profit for this quarter fell to Rs. 17.76 crore, down from Rs. 26.47 crore in the same period last year. Despite the decline in net profit, the company […]

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Sindhu Bikas Bank Promoter Shares Up for Auction Today 3
Business | Market | Economy

Sindhu Bikas Bank Promoter Shares Up for Auction Today

  The current owner of Sindhu Bikas Bank Limited (SINDU) plans to sell 131,136 shares to existing shareholders who are interested in becoming promoters. This auction begins today and will last for 35 days, ending on the 26th of Magh. Interested shareholders must submit their bids at the bank’s central office in Banepa, Kavrepalanchowk. If […]

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SAHAS Urja (SAHAS) Achieves 112.33% Q2 Net Profit Surge, Generates Rs. 1.53 Arba from Power Sales 5
Business | Market | Economy

SAHAS Urja (SAHAS) Achieves 112.33% Q2 Net Profit Surge, Generates Rs. 1.53 Arba from Power Sales

Sahas Urja Limited (SAHAS) has released its unaudited report for the second quarter of FY 2080/81, revealing an impressive 112.33% surge in net profit. The company’s net profit rose significantly to Rs. 45.86 crores for this quarter, a substantial increase from Rs. 21.59 crores in the same quarter last year. SAHAS achieved notable revenue from […]

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Sikles Hydropower's Q2 Earnings Show Slight Growth; Debt Decreases 7
Business | Market | Economy

Sikles Hydropower’s Q2 Earnings Show Slight Growth; Debt Decreases

  In the second quarter of the fiscal year 2080/81, Sikles Hydropower Limited (SIKLES) recorded a net profit of Rs. 6.29 crores, marking a slight uptick of 0.27% compared to the same period last year when it stood at Rs. 6.27 crores. During this timeframe, the company’s long-term loan decreased by 6.76%, reaching Rs. 1.26 […]

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Ganapati Laghubitta Q2: Net Profit and Revenue Decline; NPL at 4.66% 9
Business | Market | Economy

Ganapati Laghubitta Q2: Net Profit and Revenue Decline; NPL at 4.66%

Ganapati Laghubitta Bittiya Sanstha Limited (GMFBS) has published its second-quarter financial report for FY 2080/2081, indicating a 5.33% decrease in Net Profit. The net profit for this quarter fell to Rs. 1.07 Crores from Rs. 1.13 Crores in the same period last year. Moreover, the company experienced a 14.25% decrease in borrowings, totaling Rs. 1.49 […]

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CBBL Q2 Report Shows 21.55% Net Profit Drop; EPS at Rs. 29.30 11
Business | Market | Economy

CBBL Q2 Report Shows 21.55% Net Profit Drop; EPS at Rs. 29.30

  Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) released its second-quarter report for FY 2080/2081, revealing a 21.55% decline in net profit. The net profit dropped to Rs. 43.62 crore from Rs. 55.60 crore in the same quarter last year. Additionally, the company’s borrowings decreased by 22.81% to Rs. 3.51 Arba compared to Rs. 4.55 Arba […]

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NIBL Stable Fund Allotted; Fund Size Extended to Rs. 113 Crores 13
Business | Market | Economy

NIBL Stable Fund Allotted; Fund Size Extended to Rs. 113 Crores

NIMB Ace Capital Limited launched its latest closed-end mutual fund scheme, named the “NIBL Stable Fund,” valued at Rs 1 Arba. The subscription period began on the 2nd of Magh and ended on the 16th of Magh, 2080. The allotment program took place at NIMB Ace Capital’s premises in Lazimpat on the 24th of Magh […]

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Slow Progress: Narayangadh-Butwal Road Project 46% Complete 15
Business | Market | Economy

Slow Progress: Narayangadh-Butwal Road Project 46% Complete

  The Narayangadh-Butwal road expansion, part of the East-West Highway, is only 46% complete after five years, with significant work remaining. Engineer Shiv Khanal, from the project’s Eastern Section, attributes the slow progress to contractors not sticking to their schedules. The China State Construction Engineering Corporation Limited began the project in 2075 B.S. with a […]

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Mithila Laghubitta Bittiya Sanstha Limited Reports Q2 Net Profit Decline of 38.73%, Reveals Financial Snapshot 17
Business | Market | Economy

Mithila Laghubitta Bittiya Sanstha Limited Reports Q2 Net Profit Decline of 38.73%, Reveals Financial Snapshot

Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) has recently released its financial report for the second quarter of the fiscal year 2080/81. The company disclosed a net profit of Rs. 1.33 Crore during this quarter, indicating a decline of 38.73% from the Rs. 2.17 Crores reported in the same quarter of the previous fiscal year. MLBBL’s […]

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Fine Gold Drops by Rs. 500 per Tola, Silver Down by Rs. 15 per Tola 19
Gold | Silver | Forex

Fine Gold Drops by Rs. 500 per Tola, Silver Down by Rs. 15 per Tola

The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) has reported a recent decrease in the cost of fine gold and silver. According to the latest update, the trading price for fine gold is now Rs. 1,18,000 per tola, marking a reduction of Rs. 500 from the closing rate on Monday, which was Rs. […]

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