increase

Goodwill Finance's net profit drops by 86.68%. 1
Business | Market | Economy

Goodwill Finance’s net profit drops by 86.68%.

In the third quarter ending Chaitra 2079 (FY79/80), Goodwill Finance Limited’s net profit plummeted by 86.68 percent to Rs 1.99 crore, compared to Rs 15 crore the previous year. The decrease in Net Profit is attributable to a variance in other operating income, which has decreased by 46.29% due to an increase in Impairment charges […]

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Janaki Finance's net profit falls by 70.76%. 3
Business | Market | Economy

Janaki Finance’s net profit falls by 70.76%.

Janaki Finance Limited (JFL) reported a 70.76 percent decrease in net profit in the third quarter (Q3) of fiscal year 2079/80. According to a report released today by the financing company, its net profit fell to Rs 1.53 crore in the third quarter from Rs 5.24 crore in the previous quarter. In Q3, Janaki Finance […]

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Nepal Investment Mega Bank Earns Rs 3.04 Arba in Net Profit in Q3 5
Business | Market | Economy

Nepal Investment Mega Bank Earns Rs 3.04 Arba in Net Profit in Q3

  Nepal Investment Mega Bank Limited (NIMB) has released its third-quarter report for fiscal year 2079/80, which shows a 22.96% increase in net profit. In the third quarter of fiscal year 2079/80, the bank’s profit grew to Rs 3.046 arba. Following the merger, the bank has a total paid-up capital of Rs. 34.12 Arba, reserves of Rs. 23.89 Arba, retained earnings of Rs 1.27 Arba, and a share premium of Rs 20.78 Crore.  

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Everest Bank's Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &amp 7
Business | Market | Economy

Everest Bank’s Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &amp

  Everest Bank Limited (EBL) has released its third-quarter report for fiscal year 2079/2080, which shows a 62.63% increase in net profit. The net profit of the bank has improved from Rs. 1.51 Arba in the third quarter of fiscal year 2078/2079 to Rs. 2.46 Arba in the third quarter of fiscal year 2079/2080. After […]

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Market Roundup: NEPSE Increases in the Double Digits With Rs 87.21 Crores in Volume 9
NEPSE NEWS

Market Roundup: NEPSE Increases in the Double Digits With Rs 87.21 Crores in Volume

  The NEPSE index closed at 1,920.12 today, up 15.13 points from the previous trading day’s close. This represents a 0.79% increase. Yesterday, the index fell 3.07 points. Today, the index began at 1,903.36 and closed at 1,903.28. In contrast, it reached a high of 1,924.40 before settling at 1,920.12.

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Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares 11
Business | Market | Economy

Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares

  The Electricity Regulatory Commission (ERC) has approved Ridi Power Company (RIDI) to issue a 1: 0.50 right offering. The board of directors suggested on the 4th of Magh, 2079, to issue 50% right shares on the paid-up capital after adjusting 40% bonus shares for the fiscal year 2078/79, i.e. Rs. 1,54,89,01,200. The company’s paid-up […]

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Increased Impairment Charges Contributed to 8.81% RSDC Laghubitta's net profit falls in the third quarter; NPL rises to 1.37% 13
IPO | FPO

Increased Impairment Charges Contributed to 8.81% RSDC Laghubitta’s net profit falls in the third quarter; NPL rises to 1.37%

RSDC Laghubitta Bittiya Sanstha (RSDC) has released its third-quarter report for FY 2079/2080, which shows an 8.81% decrease in Net Profit. According to the company’s report, net profit fell to Rs. 8.69 crores from Rs. 9.43 crores in the previous year’s similar period. The company’s distributable profit after PL Appropriation and Regulatory Adjustments was Rs […]

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For Fiscal Year 2078/79, Nesdo Sambridha Laghubitta revises the dividend rate to 17.9342%. 15
Dividend

For Fiscal Year 2078/79, Nesdo Sambridha Laghubitta revises the dividend rate to 17.9342%.

The dividend percentage for the fiscal year 2078/79 has been changed from 73.68% to 17.93% by Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO). On Chaitra 09, the board of directors resolved to disburse the dividend on the paid-up capital of Rs. 25.50 crores. There was a proposal for 50% bonus shares worth Rs. 12.75 crores […]

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The NEPSE Index fell 18.91% in a year, while total turnover dropped by 75%. 17
NEPSE NEWS

The NEPSE Index fell 18.91% in a year, while total turnover dropped by 75%.

The NEPSE index finished at 1,934.47 today, down 29.07 points from the previous trading day’s close. This is a 1.48% decrease. Yesterday, the index increased by 92.22 points. The index began today at 1,973.09 and reached an intraday high of 1,981.87. In comparison, it dropped as low as 1,928.93 before closing at 1,934.47. In 44,708 […]

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The NEPSE Index increased by an incredible amount due to the decline in interest rates. 92.22 out of 100 19
NEPSE NEWS

The NEPSE Index increased by an incredible amount due to the decline in interest rates. 92.22 out of 100

The NEPSE index closed at 1,963.55 today, up 92.22 points from the previous trading day’s close. This represents a 4.93% increase. Yesterday, the index rose 27.31 points. In the last three days, the index has gained approximately 125.07 points. Today’s opening price for the index is 1,871.46, which is also the intraday low. In contrast, […]

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