Mahalaxmi Bikas Bank Reports Q1 Financial Surge: Net Profit Reaches NPR 118.4 Million with Steady Growth Across Key Indicators

1st November 2026, Kathmandu

Mahalaxmi Bikas Bank Limited has recorded a notable growth in net profit during the first quarter of the fiscal year 2083/84.

Mahalaxmi Bank Q1 Profit Reported

According to its unverified financial report for the review period ending Mid-October 2026, the bank earned a net profit of NPR 118.47 million, marking a 21.49 percent increase compared to NPR 97.51 million generated in the corresponding period of the previous fiscal year.

Net Profit Surge and Shareholder Earnings

Along with the increase in bottom-line profit, the bank experienced a steady improvement in its earnings metrics and share valuation.

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• Net Profit: Achieved NPR 118.47 million, registering a 21.49 percent year-on-year growth compared to NPR 97.51 million in Q1 FY 2082/83.
• Earnings Per Share (EPS): Increased to NPR 10.50, up from NPR 9.08 recorded in the baseline period.
• Net Worth Per Share: Reached NPR 166.73, compared to NPR 165.42 in the same quarter of the prior year.

Deposit Collection, Credit Expansion, and Operating Revenue

The institution maintained stable expansion across its core business activities, including lending, deposit mobilization, and overall operating income.

• Net Interest Income: Expanded to NPR 510.4 million, up from NPR 501.9 million in Q1 of the previous year.
• Total Operating Income: Stood at NPR 585.8 million for the review period.
• Operating Profit: Accumulated to NPR 170.0 million.
• Total Deposit Mobilization: Reached NPR 55.17 billion, up from NPR 55.09 billion in the corresponding period last year.
• Credit and Advances: Expanded to NPR 43.95 billion, compared to NPR 43.34 billion recorded in the baseline period.
• Total Assets: Increased to NPR 65.49 billion, up from NPR 65.05 billion in the previous year’s Q1.
• Total Shareholders’ Equity: Maintained at NPR 7.52 billion.

Asset Quality and Risk Metrics

Despite solid top-line performance, the bank saw a marginal uptick in its bad loans ratio during the review quarter.

• Non-Performing Loan (NPL) Ratio: Rose to 6.49 percent, compared to 5.50 percent in the corresponding period of the previous fiscal year.

For More: Mahalaxmi Bank Q1 Profit Reported