Shine Resunga Development Bank Posts 83 Percent Profit Growth Across Key Indicators

4th August 2026, Kathmandu

Shine Resunga Development Bank Limited has published its fourth-quarter financial results for the fiscal year 2082/83, reporting a sharp rise in profitability alongside solid growth in lending, deposits, and major operational metrics.

Shine Resunga Profit Growth

According to the unaudited financial statement released by the institution, net profit surged by 82.97 percent year-on-year to reach Rs 1.18 billion, compared to Rs 645.6 million earned in the previous fiscal year.

The strong profitability growth reflects enhanced operational efficiency, expanding core business activities, and higher operating income across its regional and national branch operations.

Net Interest Income And Operating Profit Growth

The primary revenue engine of the bank, net interest income, expanded steadily from Rs 2.64 billion in the prior fiscal year to Rs 2.83 billion during the review period.

Additional operational income indicators across the financial period show consistent upward momentum across multiple fee-based and service-oriented categories:

• Net Fee and Commission Income: Increased from Rs 301.9 million to Rs 311.6 million
• Total Operating Income: Rose from Rs 2.98 billion to Rs 3.17 billion
• Operating Profit: Jumped sharply from Rs 911.1 million to Rs 1.74 billion

The strong operating profit surge of nearly 91 percent contributed significantly to the overall net earnings expansion recorded by the development bank at the close of the fourth quarter.

Earnings Per Share And Financial Ratios

Supported by net profit expansion, the Earnings Per Share of Shine Resunga Development Bank increased sharply from Rs 13.24 to Rs 23.52 per share.

The non-performing loan ratio edged up from 4.27 percent to 4.93 percent, indicating a modest increase in impaired loans that reflects broader economic conditions and credit recovery dynamics in the financial sector.

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Key financial and shareholder return metrics for the fiscal year include:

• Distributable Profit: Increased from Rs 668.5 million to Rs 846.5 million
• Net Worth Per Share: Closed at Rs 159.48
• Earnings Per Share: Stood at Rs 23.52

Capital Base, Loan Portfolio, And Customer Deposits Expand

Shine Resunga Development Bank continued strengthening its balance sheet while expanding its core commercial operations and market reach during the fiscal year.

The paid-up capital of the bank increased from Rs 4.88 billion to Rs 5.02 billion, while its total reserve fund reached Rs 2.14 billion by the end of the fourth quarter.

Core deposit collection and credit disbursement activities showed continuous expansion:

• Total Loans and Advances: Increased from Rs 56.91 billion to Rs 63.27 billion, representing a steady expansion in credit flow to industrial, commercial, and personal borrowing sectors.
• Total Customer Deposits: Rose from Rs 71.77 billion to Rs 77.85 billion, reflecting solid public trust, strong liquidity management, and expanded customer relationship operations.

The steady growth across lending and deposit activities highlights expanding business operations and sustained customer confidence in the development bank across its operational territory.

Comprehensive Summary Of Key Financial Highlights

• Net Profit: Rs 1.18 billion, marking an increase of 82.97 percent
• Net Interest Income: Rs 2.83 billion
• Net Fee and Commission Income: Rs 311.6 million
• Total Operating Income: Rs 3.17 billion
• Operating Profit: Rs 1.74 billion
• Earnings Per Share: Rs 23.52
• Non-Performing Loan Ratio: 4.93 percent
• Distributable Profit: Rs 846.5 million
• Net Worth Per Share: Rs 159.48
• Paid-up Capital: Rs 5.02 billion
• Total Loan Portfolio: Rs 63.27 billion
• Total Customer Deposits: Rs 77.85 billion

Strategic Business Expansion And Future Financial Outlook

Shine Resunga Development Bank delivered one of its strongest annual financial performances in FY 2082/83, characterized by double-digit growth in profitability, expanding net worth, and robust credit expansion.

While managing asset quality and containing non-performing loans remains a key priority for management, the strong core operational earnings, enhanced capital reserves, and expanding deposit base provide a solid foundation for sustainable growth in the coming fiscal years.

For More: Shine Resunga Profit Growth