Nepal Infrastructure Bank Limited (NIFRA) has released its fourth-quarter(Q4) financial report for the fiscal year 2080/81, showing a 5.98% decline in
Nepal Infrastructure Bank Limited (NIFRA) has released its fourth-quarter(Q4) financial report for the fiscal year 2080/81, showing a 5.98% decline in net profit to Rs. 1.33 Arba, down from Rs. 1.41 Arba in the same quarter of the previous year.
Financial Highlights
- Paid-up Capital: Rs. 21.6 Arba
- Reserves and Surplus: Rs. 2.95 Arba
- Customer Deposits: Rs. 82.98 crores
- Loans and Advances: Rs. 20.86 Arba
Performance Metrics
- Net Interest Income: Decreased by 6.47% to Rs. 2.54 Arba
- Impairment Charges: Decreased by 12.55%
- Personnel Expenses: Decreased by 9.38%
- Operating Profit: Dropped by 5.87% to Rs. 1.9 Arba
Key Indicators of Q4
- EPS: Rs. 6.16
- Net Worth Per Share: Rs. 113.7
Despite the decrease in net profit, Nepal Infrastructure Bank Limited (NIFRA) maintains a strong financial standing with substantial paid-up capital and reserves. However, challenges remain in net interest income and operating profit, highlighting areas for potential improvement.
Unaudited NIFRA’s Q4 2080/81 Financial Report:
NIFRA Q4 2079/80 and Q4 2080/81 Report Comparision:
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