Kathmandu: Out of 15 finance companies listed in NEPSE, 14 have released their financial statements for the first quarter of the current financial year. Samriddhi Finance has not yet released its financial details. By the end of October, the profits of most of the finance companies have increased. During this period, 14 finance companies have earned a net profit of 20 million 26 million 83 thousand rupees.

In the same period of the previous year, 14 finance companies were in loss of 563 million 45 thousand rupees. Major indicators including net interest income of most companies have increased. Along with the profit amount, the capital also needs to be taken care of. How much profit was made from how much capital? That aspect is important.

Top 15 Finance Companies of Nepal

Nepal Finance Limited

Nepal Share Markets Limited

Best Finance Company Limited

Goodwill Finance Company Limited

Pokhara Finance Limited

Shree Investment Finance Company Limited

Central Finance Limited

Janaki Finance Company Limited

Samriddhi Finance Company Limited (former World Merchant Banking)

Capital Merchant Banking & Finance Limited

Guheswori Merchant Banking & Finance Limited

ICFC Finance Limited

Multipurpose Finance Company Limited

Progressive Finance Limited

Manjushree Finance Limited

Reliance Finance Limited

Gurkhas Finance Limited

Finance companies Net interest income increased by 12.23 percent

By mid-October, Manjushree Finance has the highest distributable profit. In 1 year, its distributable profit has increased by 429.77 percent to 150 million 1366 thousand rupees. ICFC Finance's distributable profit increased by 1266.42 percent to Rs 675 lakh 42 thousand. Apart from these 2, the distributable profit of all other finance companies is negative.

By the end of October, Janaki Finance had the highest earnings per share of Rs 40. During this period, the earnings per share of 5 finance companies are negative.