Hulas Finserv Reports 65% Rise in Net Profit, Loan Portfolio Hits NPR 10 Billion

Hulas Finserv Hire Purchase Limited has reported strong financial growth in the third quarter of FY 2082/83, with significant improvements in profitability and loan portfolio expansion.

The company’s net profit rose by 65.35% year-on-year to NPR 241.34 million, driven by business expansion and effective loan recovery management.

During the review period, its total loan portfolio reached NPR 10 billion, marking a 75.10% growth in overall business size. The Non-Performing Loan (NPL) ratio also improved, declining from 4.22% to 2.74%, reflecting stronger asset quality and risk management.

The company attributed this performance to effective financial discipline and recovery strategies, and reaffirmed its commitment to sustainable growth, improved risk management, and long-term value creation for stakeholders.