Manjushree Finance Reports Nearly 40% Increase in Net Profit Driven by Higher Interest Income

ShareSanskar | Shrawan 26, 2082

Manjushree Finance Limited has delivered an outstanding financial performance for the fourth quarter of fiscal year 2081/82, marking a significant milestone in its journey of growth and value creation. The company’s net profit surged to NPR 314.3 million, reflecting an impressive 39.96% increase compared to NPR 224.6 million in the previous year. This substantial rise is a result of focused strategic planning and efficient execution, firmly positioning Manjushree Finance as a leading player in Nepal’s financial sector.

The company’s revenue streams have shown robust growth, driven primarily by a 16.51% increase in net interest income, which reached NPR 873.2 million. Additionally, fee and commission income grew notably from NPR 87.5 million to NPR 112.1 million, demonstrating the company’s effective diversification efforts and strength in non-interest revenue generation. These gains reflect Manjushree Finance’s ability to optimize its revenue model amid a competitive market environment.

Operationally, the company has achieved remarkable efficiency, with operating profit rising sharply from NPR 348.8 million to NPR 517.9 million. This leap underscores its commitment to operational excellence and effective cost management, turning strategic initiatives into solid financial results. Alongside this, Manjushree Finance has strengthened its capital base, with retained earnings doubling to NPR 354.4 million and reserves increasing to NPR 738.2 million, creating a resilient foundation for future growth.

In terms of asset quality, Manjushree Finance has demonstrated prudent risk management by improving its non-performing loan ratio slightly from 3.22% to 3.11%. This progress reflects the company’s disciplined credit practices and proactive portfolio oversight, essential for sustainable expansion. Market confidence remains high, with earnings per share standing at NPR 23.26, supported by a balanced price-to-earnings ratio of 26.79 and a strong net worth per share of NPR 180.85.

Overall, Manjushree Finance’s exceptional fourth-quarter results highlight the company’s strategic vision and operational discipline. The impressive profit growth, strengthened capital position, and improved asset quality collectively affirm its leadership and set a solid platform for continued success in Nepal’s evolving financial landscape.