NIFRA Reports Notable 19.98% Decline in Net Profit for Q4, 2082/83, With EPS at Rs. 4.57
Summary
Nepal Infrastructure Bank Limited reported a 19.98% decline in net profit to Rs. 9.87 Crores for Q4 of Fiscal Year 2082/83, with earnings per share at Rs. 4.57.
Key Points
- Nepal Infrastructure Bank Limited's net profit declined by 19.98% in Q4 of Fiscal Year 2082/83 to Rs. 9.87 Crores.
- Net interest income fell by 23.89% to Rs. 1.44 Arba compared to the previous fiscal year.
- The bank’s capital adequacy ratio dropped to 67.15% from 76.76%.
- Earnings per share decreased from Rs. 5.71 to Rs. 4.57 in the same period.
