Reliance Spinning Mills Q1 FY 2083/84 Net Profit Surges 342.6 Percent to NPR 30.48 Crore

6th November 2026, Kathmandu

Reliance Spinning Mills Limited has released its un-audited financial report for the first quarter of the fiscal year 2083/84 (ending Ashwin-end 2083).

Reliance Spinning Mills Profit Surges 

The company recorded a massive 342.6 percent year-on-year surge in net profit to NPR 30.48 crore, up from NPR 6.88 crore in the corresponding period of the previous fiscal year, driven by strong growth in operational revenue and a reduction in financial expenses.

Key Revenue and Profitability Metrics

The company posted double-digit growth across operating income and gross profit, alongside improved operational margins.

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• Net Profit: NPR 30,48,59,000 (Surged by 342.6% from NPR 6,88,90,000 in Q1 FY 2082/83).
• Operating Revenue: NPR 3,20,29,00,000 (Up by 28.8% from NPR 2,48,71,00,000 in Q1 FY 2082/83).
• Gross Profit: NPR 56,16,79,000 (Increased from NPR 29,62,79,000 in Q1 FY 2082/83).
• Operating Profit: NPR 40,57,15,000 (Increased from NPR 16,91,51,000 in Q1 FY 2082/83).
• Profit Before Tax (PBT): NPR 36,18,42,000 (Increased from NPR 8,19,16,000 in Q1 FY 2082/83).
• Income Tax Expense: NPR 5,69,82,000.

Cost Efficiency and Financial Expenses

A sharp reduction in financing costs significantly boosted the company’s pre-tax profitability.

• Financial Expenses: NPR 4,38,72,000 (Decreased from NPR 8,72,35,000 in Q1 FY 2082/83).

Balance Sheet Position and Capital Indicators

The company maintained a solid asset base and strong per-share figures supported by a fixed capital structure.

• Paid-up Capital: NPR 1,90,00,00,000 (NPR 1.90 Billion).
• Total Assets: NPR 14,26,57,00,000 (NPR 14.26 Billion).
• Annualized Earnings Per Share (EPS): NPR 63.97.
• Net Worth Per Share: NPR 489.53.

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