Unilever Nepal Limited (UNL) has unveiled its financial performance for the third quarter of the fiscal year 2080/81, showcasing remarkable growth in net profit. The company’s net profit soared by 30.46%, reaching Rs. 48.61 Crores, a substantial increase from Rs. 37.26 Crores recorded in the same quarter of FY 2080-81. Moreover, UNL’s revenue for the quarter experienced a modest uptick of 1.52%, reaching Rs. 1.99 Arba.
An encouraging highlight from the report is the significant 27.97% surge in other incomes, amounting to Rs. 7.32 Crores during the same period. Additionally, UNL reported investments in fixed deposits worth Rs. 1.57 Arba, marking an impressive rise of 149.09% compared to the corresponding quarter of the previous fiscal year.
UNL continues to demonstrate resilience with a paid-up capital of Rs. 9.21 Crores and retained earnings reported at Rs. 4.26 Arba in Q3 of FY 2080-81.
The financial report of the company is further highlighted by an annualized earnings per share (EPS) of Rs. 703.73 and a net worth per share of Rs. 4725. The price-to-earnings (PE) ratio stands at Rs. 47.48.