Kathmandu. In the last fiscal year, 44 microfinance institutions have been able to earn a profit of around Rs 10 billion.

In the last fiscal year 2082/83, 44 microfinance companies have earned a profit of Rs 9.97 billion. In the previous fiscal year 2081/82, the profit of these microfinance companies was only Rs 5.72 billion.

The profit of the microfinance company increased by 74.15 percent in a single year. In the last fiscal year, the profit of only 3 microfinance institutions has decreased. The profits of all other companies have increased. A total of 12 microfinance companies which were negative in the last fiscal year have also made a profit in the last fiscal year.

First Microfinance has earned a net profit of Rs 19.07 crore in the fiscal year 2082÷83. The company had posted a net profit of Rs 10.98 crore in the previous year. This year, the profit increased by Rs 80.9 million or 73.68 percent.

In the last fiscal year, the company made a profit of Rs 13.82 crore. Last year, it was Rs 10.18 crore. The company’s net profit increased by Rs 3.64 crore or 35.76 percent compared to the previous FY.

Similarly, the microfinance company has earned a profit of Rs 65.31 crore in the last FY. Last year, it was Rs 87.50 crore. The profit decreased by Rs 22.19 crore or 25.36 percent.

Similarly, Atma Nirbhar Laghubitta Bittiya Sanstha has earned a net profit of Rs 6.23 crore in the last FY. Last year, it was Rs 4.47 crore. The profit increased by Rs 1.76 crore or 39.37 percent.

The microfinance company made a profit of Rs 19.32 crore. Last year, it was Rs 17 crore. The profit increased by Rs 2.32 crore or 13.65 percent.

Similarly, Himalayan Laghubitta has earned a net profit of Rs 10.66 crore in the current fiscal year. Last year, it was Rs 71.46 crore. Profit fell by Rs 60.80 crore or 85.08 percent.

During the period, Aarambh Chautari Laghubitta made a profit of Rs 10.20 crore. In the previous year, it was Rs 8.80 crore. Profit increased by Rs 1.40 crore or 15.91 percent.

During the period, Diprox Laghubitta made a profit of Rs 98.94 crore. In the previous year, it was Rs 57.60 crore. Net profit increased by Rs 41.34 crore or 71.70 percent.

Laxmi Laghubitta has earned a net profit of Rs 10.68 crore today. It was Rs 4.72 crore in the previous year. Profit increased by Rs 5.96 crore or 126.27 percent.