Increase in Reserve and Surplus while Decrease in Profit: NIFRA Q2 Report Published

Nepal Infrastructure Bank (NIFRA) has posted the Second Quarter unaudited report for the fiscal year 2080/2081. Where the net profit has decreased by 9.94 % to Rs. 68.99 Crore in this quarter.

The annual EPS is reported at Rs. 6.39 after a decrease of Rs. 0.71 from the same time frame the previous year, and the net worth per share is recorded as Rs. 113.49 after an increase of Rs. 5.76. Nepal Infrastructure Bank traded at a P/E multiple of 35.06 times during the period.

The Reserve and Surplus have increased by 74.49 % to Rs. 2.91 Arba in this quarter presented by the second quarter report as compared to the same time frame the previous year.

The paid-up capital for the company stood at Rs. 21.60 Arba in this quarter.

Overall, Nepal Infrastructure Bank (NIFRA) profit has declined by 9.94 % to Rs. 68.99 Crores.