Mahuli Laghubitta Delivers Exceptional Q4, Net Profit Skyrockets 1,036% to Rs. 19.32 Crore
Summary
Mahuli Laghubitta reported a 1036.40% increase in net profit for Q4 FY 2082/83, reaching Rs. 19.32 crore, driven by growth in banking income and reduced impairment charges.
Key Points
- Mahuli Laghubitta's net profit surged 1036.40% to Rs. 19.32 crore in Q4 FY 2082/83.
- Net interest income increased 39.74% to Rs. 49.74 crore year-on-year.
- Impairment charges fell sharply by 93.85%, improving asset quality.
- Loans and advances, customer deposits, and borrowings all grew significantly during the period.
