Manjushree Finance Limited (MFIL) has published its unaudited financial results for the third quarter of FY 2082/83, showing an improving financial position.

The company reported a net profit of Rs. 21.89 crore in the first nine months, up by 27.93% compared to Rs. 17.11 crore during the same period last year. The growth was mainly driven by increased net interest income and a notable decline in impairment charges.

Net interest income rose by 10.24% to Rs. 68.47 crore, while net fee and commission income increased by 2.95%. Total operating income grew by 10.15%, surpassing Rs. 80 crore, and operating profit increased by 10.29% to Rs. 32.33 crore.

A key positive factor was the reduction in impairment charges, which declined from Rs. 14.54 crore last year to Rs. 11.75 crore this year.

Earnings per share (EPS) improved by Rs. 4.71 to Rs. 21.60. Distributable profit reached Rs. 30.54 crore, with distributable EPS at Rs. 30.13, indicating improved dividend potential.

The company’s paid-up capital stands at Rs. 1.35 billion, with reserves exceeding Rs. 1.11 billion. By the end of Chaitra, total deposits reached Rs. 22.73 billion, while loans and advances stood at Rs. 19.85 billion.

The credit-deposit ratio (CD ratio) is at 84.99%, and non-performing loans (NPL) have declined to 3.99%. The capital adequacy ratio stands at 12.69%, remaining within regulatory requirements.

Overall, the company has demonstrated balanced financial performance with improvements in income growth, cost management, and risk control.