Sonapur Minerals & Oil Turns Profitable, Earns Rs 43.6 Million in First Quarter

Kathmandu — Sonapur Minerals & Oil Limited has posted a net profit in the first quarter of the current fiscal year, marking a strong turnaround from last year’s loss. The company, which had recorded a loss of Rs 85.5 million in the same period of the previous fiscal year, has now earned a net profit of Rs 43.6 million, according to its recently published quarterly financial report.

The improvement in profitability is largely attributed to a sharp rise in sales revenue. In the first quarter of this fiscal year, the company generated Rs 669.9 million in sales, nearly double the Rs 343 million recorded during the corresponding period last year. The surge in revenue has directly contributed to the company’s return to profit.

Key Financial Indicators

Sonapur Minerals & Oil has a paid-up capital of Rs 3.07 billion and reserves of Rs 2.82 billion.

As per the quarterly report:

• Earnings per share (EPS): Rs 5.68

• Net worth per share: Rs 191.91

• Current market price: Rs 412 per share

These indicators suggest steady financial recovery and improved performance compared to previous quarters.