Financial Success: Asha’s EPS and Profit Both See Sharp Growth

Asha Laghubitta Bittiya Sanstha Ltd. has reported a remarkable financial performance for the fiscal year 2079/80, concluding with a net profit of NPR 209.2 million by the end of the fourth quarter. This marks an impressive 248.28% jump compared to the NPR 60.9 million profit recorded in the same period last year.

The surge in profit was driven by a 67.47% rise in net interest income and a massive 255.36% increase in operating profit. Total operating income also grew significantly by 50.05%, reaching NPR 892 million, while fee and commission income increased by 9.76%.

The company reported distributable profit of NPR 163.6 million, with a distributable earnings per share (EPS) of NPR 22.32. Overall EPS rose sharply to NPR 28.55 from last year's NPR 9.37 — a jump of NPR 19.18 per share.

As of Ashad-end 2082, Asha Laghubitta has maintained a paid-up capital of NPR 733 million and accumulated reserves of NPR 534 million. The company has mobilized NPR 9.66 billion in deposits and borrowings and deployed NPR 10.44 billion in loans and advances.

With robust earnings growth and improved fundamentals, Asha Laghubitta signals strong prospects for future dividend payouts and investor confidence.