Revenue

Support Laghubitta Bittiya Sanstha Limited (SMB) Reports Impressive Q2 Fiscal Performance with 246.82% Surge in Net Profit 1
Business | Market | Economy

Support Laghubitta Bittiya Sanstha Limited (SMB) Reports Impressive Q2 Fiscal Performance with 246.82% Surge in Net Profit

In the recently disclosed second-quarter fiscal report for the year 2080/2081, Support Laghubitta Bittiya Sanstha Limited (SMB) exhibited a remarkable financial performance, witnessing a substantial 246.82% increase in net profit. The net profit surged from Rs. 24.91 lakhs to Rs. 86.42 lakhs when compared to the corresponding quarter of the previous year. Despite a 5.39% […]

Nepal Clearing House Ltd. Processes Over NRs. 84 Billion on the Last Day of Poush 2080 3
Business | Market | Economy

Nepal Clearing House Ltd. Processes Over NRs. 84 Billion on the Last Day of Poush 2080

On the final day of Poush 2080, Nepal Clearing House Ltd. (NCHL) facilitated transactions totaling over NRs. 84 Billion through its payment systems. This marked a significant increase of 60 percent in transaction volume and 70 percent in transaction value compared to the corresponding day in the previous year. NCHL-ECC, NCHL-IPS, and RPS processed transactions

Gupteshwor Mahadev Cave in Pokhara Generates Impressive Annual Revenue of 54.2 Million Rupees 9
Business | Market | Economy

Gupteshwor Mahadev Cave in Pokhara Generates Impressive Annual Revenue of 54.2 Million Rupees

The Gupteshwor Mahadev Cave in Chhorepatan, Pokhara, renowned for its historical and religious significance, has announced an impressive annual revenue of 54.2 million rupees. As a favored destination among tourists exploring Pokhara, the cave attracts visitors for its cultural and religious importance. Information disclosed during the 28th Annual General Meeting of the Gupteshwor Mahadev Cave

Bumper Orange Harvest Brings Prosperity to Ichchhakamana: Farmers Set to Earn Rs 100 Million 11
Business | Market | Economy

Bumper Orange Harvest Brings Prosperity to Ichchhakamana: Farmers Set to Earn Rs 100 Million

In Ichchhakamana rural municipality, a remarkable achievement in agriculture is anticipated as more than 450 farmers are projected to collectively earn Rs 100 million this year exclusively from orange cultivation. The Agriculture Development Section of the rural municipality has reported that the oranges cultivated by local farmers have garnered favorable prices, resulting in substantial income

Nepal's Government Records Revenue of Rs. 84.75 Billion from Alcohol and Cigarette Sales in the Past Fiscal Year 15
Business | Market | Economy

Nepal’s Government Records Revenue of Rs. 84.75 Billion from Alcohol and Cigarette Sales in the Past Fiscal Year

During the last fiscal year, the Internal Revenue Department (IRD) of Nepal reported that the government accrued a total revenue of Rs. 84.75 Billion from the sales of alcohol and cigarettes. This revenue distribution comprises Rs. 26.22 Billion from cigarettes, Rs. 25.92 Billion from alcohol, and Rs. 32.61 Billion from beer. The source of this

Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81 17
Business | Market | Economy

Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81

In the recently released financial report for the first quarter of fiscal year 2080/81, Himalayan Distillery Limited (HDL) revealed a substantial 51.24% decline in net profit, dropping to Rs 10.51 crore from Rs 21.5 crore in the corresponding quarter of FY 2079/80. The company faced a notable downturn in revenue, experiencing a 29.70% decrease to

"Himalayan Laghubitta's Q4 Sees Shrunken Operating Profit and Net Profit Due to Core Business Revenue Decline." 27
Business | Market | Economy

“Himalayan Laghubitta’s Q4 Sees Shrunken Operating Profit and Net Profit Due to Core Business Revenue Decline.”

In the last quarter of fiscal year 2079-80, the company witnessed a significant decline in both Net Operating Profit (core revenue) and Operating Profit, dropping by 24.52 percent and 79.04 percent, respectively. The core revenue shrank by nearly a quarter, reaching Rs. 20.23 crores. Additionally, the company faced Rs. 1.32 crore in impairment charges, impacting

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