Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) has released its fourth-quarter report for the recently concluded financial year 2079-80. The report shows a significant drop of 64.01 percent in its Net profits compared to the same period in the previous fiscal year 2078-79. In specific numbers, the company earned only Rs. 4.62 crores, a notable decline from Rs. 12.84 crores.
The company has experienced losses in two key areas: Net Interest Income and Operating Profits. Net Interest Income saw a decrease of 13.48 percent, while Operating Profits plummeted by 64.04 percent. Throughout the entire financial year 2079-80, the company generated a core business revenue of Rs. 25.50 crores and managed to accumulate Rs. 6.60 crores in Operating profits.