Nepal Infrastructure Bank (NIFRA) has reported a net profit of Rs. 1.14 billion for the fiscal year up to the fourth quarter, which is a 13.85% drop compared to the Rs. 1.32 billion profit it made during the same period last year.
Financial Highlights
- Net Interest Income: Down by 25.51% to Rs. 1.89 billion from Rs. 2.55 billion last year.
- Net Fee & Commission Income: Increased to Rs. 21 million from Rs. 11.7 million last year.
- Operating Profit: Rs. 1.64 billion
- Net Operating Income: Rs. 1.96 billion
Growth in Deposits and Lending:
- Deposits: Jumped from Rs. 829.8 million to Rs. 7.68 billion
- Loans: Increased from Rs. 20.86 billion to Rs. 24.80 billion
- Reserve Fund: Rs. 4.07 billion
Per-Share Indicators:
- Earnings Per Share (EPS): Rs. 5.30
- Net Worth Per Share: Rs. 118.88
- Book Value Per Share: Rs. 161.28
- P/E Ratio: 59.96 times
- Liquidity Ratio: 146.92%
- Return on Equity (ROE): 4.49%
Despite the drop in net profit, NIFRA has shown growth in commission income, deposits, and lending — indicating expansion in its operational scale. However, the decline in interest income remains a concern.
