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Finance Company earns net profit of Rs 15.71 crore: 6 companies incur losses, what is the status of which company?

nabil
global ime

{{TAG_OPEN_div_34} Kathmandu. The finance companies have earned a profit of Rs 15.71 crore till the end of the current financial year 2083-84. According to the available data, 14 finance companies have earned a net profit of Rs 15.71 crore during the review period.

ICFC Finance has emerged as the top profit-making company. The company has earned a profit of Rs 6.97 crore till September. The company’s profit was Rs 2.24 crore in the same period of the previous year. With this, the company’s profit increased by 210.79 percent.TAG_OPEN_div_32

Similarly, Gurkhas Finance has earned a profit of Rs 6,74,69,000 till mid-October. The company had posted a loss of Rs 4,24,15,000 in the same period last year.TAG_OPEN_div_30

Similarly, Goodwill Finance Company has earned a profit of Rs 6.31 crore in the first three months of the current FY.TAG_OPEN_div_28

Manjushree Finance, however, reported a decline in its profit. The company’s profit declined by 48.57 percent. Best Finance, which was incurring a loss in the last fiscal year, has turned a profit in the first three months of the current fiscal year. The company has earned a profit of Rs 2.38 crore in the current financial year.TAG_OPEN_div_26

Central Finance posted a profit of Rs 2,TAG_OPEN_div_24 09,42,000. Similarly, Shree Investment Finance’s profit rose 470.72 per cent to Rs 1,96,50,000.

Multipurpose Finance’s profit fell by 75.9 TAG_OPEN_div_22 3 per cent to Rs 32.65 lakh. The company had posted a net profit of Rs 1,35,67,000 in the previous year.

Similarly, Reliance Finance has a loss of Rs 1,2 TAG_OPEN_div_20 0,000. Guheshwori Merchant Banking and Finance has a loss of Rs 35.75 lakh. Janaki Finance has a loss of Rs 85.85 lakh while Nepal Finance has a loss of Rs 2,99,52,000.

Progressive Finance has incurred a loss of Rs 4,TAG_OPEN_div_18 31,50,000. Pokhara Finance has a loss of Rs 4,70,73,000.

Prabhu
sikhar insurance

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Gili
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