Shine Resunga Development Bank Releases Q1 Financial Results: Net Profit Reaches NPR 197.6 Million with Growth in Net Interest Income and Core Operations

1st November 2026, Kathmandu

Shine Resunga Development Bank Limited has published its unverified financial results for the first quarter of the fiscal year 2083/84.

Shine Resunga Q1 Report

Despite a slight drop in net profit, the bank registered positive improvements across core performance indicators including net interest income, deposit mobilization, and credit expansion.

Financial Earnings and Operational Performance

The bank maintained stable operational income during the first three months of the fiscal year.

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• Net Profit: Reported at NPR 197.6 million, compared to NPR 203.0 million in the corresponding period of the previous fiscal year.
• Net Interest Income: Expanded to NPR 662.5 million, up from NPR 645.2 million in the same period last year.
• Operating Profit: Stood at NPR 282.3 million for the quarter.

Business Expansion and Asset Growth

The institution continued to scale its balance sheet through increased lending activity and deposit collection.

• Total Deposit Mobilization: Reached NPR 79.11 billion, growing from NPR 77.85 billion at the end of the previous fiscal year.
• Total Credit and Advances: Expanded to NPR 65.31 billion, up from NPR 63.21 billion at the end of the previous fiscal year.
• Total Assets: Accumulated to NPR 88.48 billion during the review period.

Key Financial Indicators and Capital Position

The bank’s metrics reflect sustained capital strength and steady equity performance.

• Earnings Per Share (EPS): Recorded at NPR 14.85.
• Net Worth Per Share: Stood at NPR 143.35.
• Non-Performing Loan (NPL) Ratio: Recorded at 4.71 percent, compared to 4.61 percent in the corresponding period of the previous year.
• Paid-up Capital: Stood at NPR 5.32 billion.
• Reserve Fund: Maintained at NPR 2.25 billion.
• Distributable Profit: Recorded at NPR 55.4 million, compared to NPR 696.4 million in the baseline period.

For More: Shine Resunga Q1 Report