NRN Infrastructure and Development Limited (NRN) has published its second-quarter report for the fiscal year 2080/2081, indicating a significant increase in net profit by 188.03%. Despite this surge, the net profit rose to Rs. 1.63 crores compared to Rs. 56.78 lakhs in the same quarter of the previous year.
The company’s paid-up capital stands at Rs. 1.22 billion, with retained earnings amounting to Rs. 6.47 crores and an investment revaluation reserve of Rs. 54.15 crores. During Q2 of FY 2080/81, NRN has invested Rs. 34.27 crores in associates.
Highlights:
- Reliable Nepal Life Insurance Limited (RNLI) Records Strong Q2 Performance with 4.97% Surge in Net Profit
- Himalayan Re-Insurance’s Net Profit Surges 99.73% on 154.65% Rise in Net Premiums; EPS Reaches Rs. 12.05
- SuryaJyoti Life Insurance Shines with 62.93% Net Profit Surge in Q2; EPS Reaches Rs. 10.41
- Soaltee Hotel Limited Q2 FY 2080/2081: Net Profit Rs. 26.31 Crores, 9.44% Revenue Growth
- Karnali Development Bank reports a net profit of Rs 1.7 crores in the third quarter.