Unilever Nepal net profit rises by 77% to Rs 30.17 crore, EPS at Rs 328

Unilever Nepal Limited (UNL) has posted net profit of Rs 30.17 crore in the first quarter of the current fiscal year 2074/75. As per the unaudited financial statement published by the multinational company today, its profit after tax has increased by 77% in the first quarter of the ongoing fiscal year. The net profit figure was Rs 17.02 crore in the corresponding quarter of the previous fiscal year. UNL operating income almost also rise to Rs 1.25 arba from Rs 64.37 crore in the corresponding quarter last year. However, the company has stated that its total expenditure rised to Rs 1.04 arba in the Q1 from Rs 60.19 crore in the previous year report of the fiscal year 2073/74. UNL’s retained earnings and reserves have decreased to Rs 1.09 arba in the Q1 from Rs 1.18 arba in the corresponding quarter. It had provided cash dividend of Rs 1,270 per share to its shareholders in the FY 2073/74. UNL’s Earning per Share (EPS) has increased to Rs 328 in this quarter against Rs 185 in the previous year corresponding quarter, and its net worth per share now stands at Rs 1,210 , down from Rs 1,289 in previous quarter. The company’s P/E ratio stands at 25.21 times.