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आधिकारिक सूचनाOfficial AnnouncementFinancial Analysis
13 Aug, 2026
इन्फिनिटी लघुवित्त वित्तीय संस्थाको असार मसान्तसम्मको वित्तीय विवरण

इन्फिनिटी लघुवित्त वित्तीय संस्थाको असार मसान्तसम्मको वित्तीय विवरणInfinity Laghubitta: Statement of Financial Position

वर्ग:Category:
Financial Analysis
प्रकाशित मिति:Published:
Published on August 13, 2026

Interim Financial Statement

Condensed Statement of Financial Position

As on Quarter ended 32nd Asadh, 2083

Amount (NPR)

Particulars This Quarter Ending Immediate Previous Year Ending
Assets
Cash and cash equivalent102,708,288458,120,070
Statutory Balances and due from Nepal Rastra Bank24,5711,415,890
Placement with Bank and Financial Institutions--
Derivative Financial Instruments--
Other Trading Assets--
Loan and advances to MFIs & Cooperatives--
Loans and Advances to Customers5,829,006,6365,629,280,984
Investment Securities1,000,0001,000,000
Current Tax Assets-48,367,291
Investment Property2,600,0001,800,000
Property and Equipment63,597,46859,556,969
Goodwill and Intangible Assets6,187,3036,504,665
Deferred Tax Assets11,798,72629,149,060
Other Assets62,519,13770,330,431
Total Assets6,079,442,1286,305,525,360
Liabilities
Due to Bank and Financial Instituions--
Due to Nepal Rastra Bank--
Derivative Financial Instruments--
Deposits from Customers1,497,739,8791,391,092,154
Borrowing3,455,938,1343,976,915,794
Current Tax Liabilities10,027,377-
Provisions18,118,93918,118,939
Deferred Tax Liabilities--
Other Liabilities293,128,201298,252,451
Debt Securities Issued--
Subordinated Liabilities--
Total liabilities5,274,952,5315,684,379,338
Equity
Share Capital497,415,943497,415,942
Share Premium--
Retained Earnings75,818,480(54,775,908)
Reserves231,255,175178,505,989
Total Equity804,489,598621,146,023
Total Liabilities and Equity6,079,442,1286,305,525,360

केन्द्रीय कार्यालय गैंडाकोट, नवलपरासी

(बर्दघाट सुस्ता पूर्व), फोन नं.: ०७८-५०३३०१

इमेल: [email protected]

Statement Of Distributable Profit or Loss

For the Quarter ended 32nd Asadh, 2083

(As per NRB Regulation)

Particulars Current Year Upto This Quarter YTD Previous Year Corresponding Quarter YTD
Net profit or (loss) as per statement of profit or loss182,365,102(63,958,573)
Appropriation:
a. General reserve36,473,020-
b. Foreign exchange fluctuation fund--
c. Capital redemption reserve--
d. Corporate social responsibility fund1,823,651-
e. Employees' training fund--
f. Client Protection Fund3,647,302-
g. Other--
Profit or (loss) before regulatory adjustment140,421,129(63,958,573)
Regulatory adjustment :(9,826,741)14,100,701
a. Interest receivable (-)/previous accrued interest received (+)(26,377,076)30,871,918
b. Short loan loss provision in accounts (-)/reversal (+)--
c. Short provision for possible losses on investment (-)/reversal (+)--
d. Short loan loss provision on Non Banking Assets (-)/resersal (+)(800,000)(1,800,000)
e. Deferred tax assets recognised (-)/ reversal (+)17,350,335(14,811,983)
f. Goodwill recognised (-)/ impairment of Goodwill (+)--
g. Bargain purchase gain recognised (-)/resersal (+)--
h. Actuarial loss recognised (-)/reversal (+)-(159,234)
i. Other--
Net Profit for the period available for distirubtion130,594,388(49,857,872)
Opening Retained Earning(54,775,908)(4,918,036)
Adjustment (+/-)--
Distribution:
Bonus shares issued--
Cash Dividend Paid--
Total Distributable profit or (loss) as on Quarter end date75,818,480(54,775,908)

Notes :

1. The above figures are subject to change upon regulator's instruction and/or statutory auditors.

2. The detail interim financial report has been published in the website.

3. The Microfinance following the regulatory backstop as mentioned in clause 16 of NFRS-9, Expected Credit Loss Guidelines, 2024", has recognised impairment on credit exposure as the higher of total ECL calculated as per NFRS 9 and existing provision mentioned in Unified Directives no 02.

  1. Personnel expenses include the Provision for Employee Bonus.
  2. Loans & Advances are presented net of Impairment charges.
  3. Actuarial Valuation will be done on annual basis for Employee Benefit.

7. The difference in profit as per the NFRS and GAAP has been transferred to Regulatory Reserve.

8. Previous period figures are regrouped/ rearranged/ restated wherever necessary for consistent presentation and comparision.

धितोपत्र दर्ता तथा निष्कासन नियमावली, २०७३ अनुसूची १४ (नियम २६ को उपनियम (१) संग सम्बन्धित)

आ.व. २०८२/८३ को चौथो त्रैमासिक प्रतिवेदन

१. वित्तीय विवरण :

(क) त्रैमासिक अवधिको वासलात, नाफा नोक्सान सम्बन्धी विवरण : चालु आ.व. २०८२/८३ को चौथो त्रैमासको अपरिष्कृत वित्तीय विवरणहरु वासलात, नाफा नोक्सान हिसाब, वितरणयोग्य मूनाफा र सोसँग सम्बन्धित वित्तीय परिसूचकहरु यसै साथ प्रकाशित गरिएको छ। जसलाई वित्तीय संस्थाको वेबसाइट www.infinitylbsl.com.np मा पनि राखिएको छ ।

Condensed Statement of Profit & Loss

For the Quarter ended 32nd Asadh, 2083

Amount (NPR)

Particulars Current Year This Quarter Current Year Upto This Quarter (YTD) Previous Year Corresponding This Quarter Previous Year Corresponding Upto This Quarter (YTD)
Interest Income263,259,743806,029,624213,421,730762,169,798
Interest Expense73,775,411326,856,088105,786,767398,945,124
Net Interest Income189,484,332479,173,536107,634,964363,224,674
Fee and Commission Income24,658,96267,679,68925,852,49974,188,752
Fee and Commission Expense28,10698,493--
Net Fee and Commission Income24,630,85767,581,19625,852,49974,188,752
Net Interest, Fees and Commission Income214,115,189546,754,731133,487,463437,413,427
Net Trading Income----
Other Operating Income-160,349--
Total Operating Income214,115,189546,915,080133,487,463437,413,427
Impairment Charge/(reversal) for Loans and Other Losses(57,203,748)(58,459,510)119,062,731214,803,119
Net operating income271,318,937605,374,59014,424,733222,610,308
Operating Expense92,903,284319,549,94378,325,996285,567,026
Personnel Expenses65,763,129229,906,20557,296,213198,900,619
Other Operating Expenses22,141,30270,106,4096,528,26166,019,710
Depreciation & Amortization4,998,85319,537,32914,501,52120,646,697
Operating Profit178,415,652285,824,647(63,901,264)(62,956,719)
Non-Operating Income----
Non-Operating Expense516,879516,879--
Profit before Income Tax177,898,773285,307,768(63,901,264)(62,956,719)
Income Tax Expense----
Current Tax53,369,63285,592,33015,462,23015,745,594
Deferred Tax17,946,11217,350,335(14,743,740)(14,743,740)
Profit for the Period106,583,029182,365,102(64,619,754)(63,958,573)
Condensed Statement of Comprehensive Income
Profit for the period106,583,029182,365,102(64,619,754)(63,958,573)
Other Comprehensive Income----
Total comprehensive income for the period106,583,029182,365,102(64,778,987)(64,117,807)
Ratio as per NRB Directives
Particulars Current Year This Quarter Current Year Upto This Quarter Previous Year This Quarter Previous Year Upto This Quarter
Capital Fund to RWA--
Non Performing Loan (NPL) to Total Loan--
Total Loan Loss Provision to Total NPL--
Cost of Funds--
Credit to Deposit & Borrowing Ratio--
Base Rate--
Interest rate spread--

Interest Rate

१. Deposits : 7.5%

२. Loan & Advance : 13.88%

(ख) प्रमुख वित्तीय अनुपातहरु :

प्रति शेयर आम्दानी (वार्षिक) मूल्य आम्दानी अनुपात प्रति शेयर नेटवर्थ प्रति शेयर कुल सम्पत्तिको मूल्य तरलता अनुपात पूँजीकोष अनुपात

रु. ३६.६६ २५.१६ रु. १६१.७३ रु. १,२२२.२० १०.३९% ११.४४%

२. व्यवस्थापकीय विश्लेषण :

(क) त्रैमासिक अवधिमा संस्थाको मौज्दात, आम्दानी र तरलतामा कुनै परिवर्तन भएको भए सोको प्रमुख कारण सम्बन्धी विवरण : यस वित्तीय संस्थाले चालू आर्थिक वर्ष (आ.व.) को चौथो त्रैमासिक अवधिमा मौज्दात रकम, खुद ब्याज आम्दानी, आधारदर र लागत मूल्यतर्फ संस्थाले सकारात्मक वृद्धि हासिल गरेको छ । पछिल्ला महिनाहरूमा देशमा देखिएका राजनीतिक अस्थिरता, Gen-z आन्दोलन त्यसबाट वित्तीय क्षेत्रमा परेको प्रभाव, लघुवित्त कार्यक्रम अन्तर्गत केही लघुवित्त संस्थाहरूविरुद्ध भएका गतिविधिहरू र विश्वव्यापी आर्थिक मन्दीले कर्जा असुली प्रक्रियामा चुनौती उत्पन्न गरेका छन् । यद्यपि, उपरोक्त चुनौतीहरूको बाबजुद संस्थाले व्यावसायिक योजनाअनुसार अभियानलाई अघि बढाइरहेको छ र आगामी अवधिहरूमा अझ प्रभावकारी सेवा प्रवाह तथा जोखिम व्यवस्थापनमा केन्द्रित रहनेछ ।

ख) आगामी वर्षको व्यावसायिक योजना सम्बन्धमा व्यवस्थापनको विश्लेषणात्मक विवरण : संस्थाले १०२ वटा शाखाहरू मार्फत १,१२,५०१ सदस्यलाई लघुवित्त सेवा प्रदान गर्दै आएको छ । साथै, समूहमार्फत सदस्यहरूलाई तरकारी तथा पशुपालन तालिम, र ग्राहक तथा समुदायलाई वित्तीय साक्षरता कार्यक्रमहरू प्रदान गर्दै आएको छ । डिजिटल सुविधाहरू (Mobile Banking, E sewa, Khalti, IME Pay, SMS Alert) मार्फत छिटो, सहज, पारदर्शी अनि कम लागतमा सेवा प्रवाह गर्ने नीति अपनाइएको छ । साथै, नवीन बैंकिङ प्रणाली (Nepal Clearing House Ltd. मार्फत) प्रयोग गरेर सेवा पहुँच विस्तार गरिएको छ । संस्थाले वित्तीय सेवामा पहुँच (Acess to finance) भन्ने अवधारणा अन्तर्गत दुर्गम क्षेत्रमा ६ वटा शाखा कार्यालयहरू थप गरी १०२ शाखा कार्यालय मार्फत वित्तीय सेवा पुऱ्याएको छ । ग्राहकको आवश्यकतामा आधारित रहि संस्थाले आगामी दिनहरूमा वित्तीय पहुँच नपुगेका क्षेत्रहरूमा शाखा-विस्तार गरी वित्तीय सेवा पहुँच गराउने, नयाँ भौगोलिक क्षेत्र वा पिछडिएका समुदायहरूलाई लक्षित गरी वित्त, बचत, ऋण तथा बीमा सेवा प्रवाह गर्ने, प्रविधिमैत्री (डिजिटल) माध्यममार्फत ग्राहकहरूको पहुँच सहज बनाउने उद्देश्य रहेको छ ।

(ग) विगतको अनुभवबाट संगठित संस्थाको मौज्दात, नाफा वा नगद प्रवाहमा तात्विक असर पार्न सक्ने घटना, अवस्था आदि भएमा सो सम्बन्धी विश्लेषणात्मक विवरण : संस्थाले देशमा विद्यमान आर्थिक मन्दी, लघुवित्त संस्थाहरू विरुद्ध गरिएका गतिविधि तथा राजनीतिक नेतृत्व परिवर्तनले समग्र बजार वातावरणमा ल्याएको अस्थिरताले संस्थाको मौज्दात, नाफा वा नगद प्रवाहमा पार्ने असरलाई ध्यानमा राख्दै,

- कर्मचारीहरूको मनोबल उचाइ राख्ने र दक्षता अभिवृद्धि विकास गर्नका लागि नियमित तालिम कार्यक्रमहरू प्रदान गर्दै आएको छ,

- स्थानीय निकायहरूसँग समन्वय गरी जनमानसमा समसामयिक विषयवस्तुमा वित्तीय साक्षरता कार्यक्रमहरू सञ्चालन गरेको छ ।

- ग्राहक तथा सदस्यहरूलाई संस्थाप्रति सकारात्मक दृष्टिकोण र सन्तुष्टि जगाउने कार्य गर्दै, गुणस्तरीय कर्जा वृद्धिमुखी रणनीति अपनाइएको छ ।

३. कानूनी कारवाही सम्बन्धी व्यवस्था :

(क) यस त्रैमासिक अवधिमा वित्तीय संस्था विरुद्ध कुनै मुद्दा दायर भए : यस त्रैमासिक अवधिमा वित्तीय संस्था विरुद्ध कुनै मुद्दा दायर भएको छैन र त्यस्तो कुनै सूचना समेत प्राप्त भएको छैन ।

(ख) यस वित्तीय संस्थाका संस्थापक वा सञ्चालकले संस्थापक वा सञ्चालकको विरुद्धमा प्रचलित नियमको अवज्ञा वा फौजदारी अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर गरेको वा भएको : कुनै जानकारी प्राप्त भएको छैन ।

(ग) कुनै संस्थापक वा सञ्चालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर गरेको वा भए : कुनै संस्थापक वा सञ्चालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर गरेको वा भएको जानकारी प्राप्त भएको छैन ।

४. संगठित संस्थाको शेयर कारोबार तथा प्रगतिको विश्लेषण :

(क) धितोपत्र बजारमा भएको संगठित संस्थाको शेयरको कारोबार सम्बन्धमा व्यवस्थापनको धारणा : दोस्रो बजारमा हुने शेयर सम्बन्धी कारोबारका लागि संस्थाले नेपाल स्टक एक्सचेञ्ज लिमिटेडमा शेयर सूचीकृत गराई कारोबार भइरहेको छ ।

(ख) त्रैमासिक अवधिको शेयरको अधिकतम, न्यूनतम, अन्तिम, कारोबार भएको कुल दिन तथा कारोबार संख्या : नेपाल स्टक एक्सचेञ्ज लिमिटेडको वेवसाईट www.nepalstock.com का अनुसार तेस्रो त्रैमासिक अवधिको शेयर सम्बन्धी कारोबार निम्न अनुसार भएको देखिन्छ ।

अधिकतम मूल्य न्यूनतम मूल्य अन्तिम मूल्य कारोबार भएको कुल दिन कारोबार संख्या कारोबार शेयर संख्या

रु. १,०३०/- रु. ५१५/- रु. ८६४/- ६४ दिन २,२६४ १५४,१९१ कित्ता

५. समस्या तथा चुनौती :

अर्थतन्त्रमा आएको आर्थिक मन्दी, लघुवित्त विरुद्धका समूहहरूले चलाएको कर्जा तथा व्याज मिनाहा अभियानको प्रभावका कारण कर्जा असुलीमा कमी आउनु, बहुबैंकिङ कारोबार, दक्ष जनशक्तिको अभाव, नियमनकारी निकायबाट हुन सक्ने नीतिगत परिवर्तन र सोबाट सृजित हुन सक्ने समस्या आदिलाई संस्थाले समस्या तथा चुनौतीको रूपमा लिएको छ । आन्तरिक नियन्त्रण प्रणालीलाई सुदृढ बनाउनु, डिजिटल सेवा प्रणालीमा साइबर सुरक्षाको सुनिश्चितता गर्नु, बढ्दो प्रशासनिक खर्चलाई व्यवस्थापन गर्नु, पनि महत्वपूर्ण चुनौतीका रूपमा देखा परेका छन् ।

ख) बाह्य चुनौतीहरू :

विश्वका प्रमुख राष्ट्रहरूबीचको द्वन्द्वले उत्पन्न मुद्रास्फीति, जलवायुपरिवर्तनले कृषि तथा लघु उद्यममा ल्याएको अनिश्चितता तथा आर्थिक मन्दिका कारण नेपालको अर्थतन्त्रमा व्यापक शिथिलता देखिएको छ । आर्थिक बजारको तरलतामा आउने उतार-चढाव तथा बजार संकुचनले वित्तीय सेवा सञ्चालनमा असर पुऱ्याएको छ । साथै, ग्रामीण क्षेत्रमा आवश्यक न्यूनतम भौतिक पूर्वाधारको कमीले त्यसै कार्यक्रम विस्तारमा चुनौती खडा गरेको छ । यसरी, उक्त चक्रले संस्थाका लागि कार्य सञ्चालन, सञ्चालन लागत, जोखिम व्यवस्थापन तथा ग्राहक व्यवहार जस्ता अनेक तहमा असर पुग्ने सम्भावना रहेको छ ।

ग) समाधानका रणनीतिहरू :

संस्थाले आन्तरिक तथा बाह्य समस्या/चुनौतीहरूको विश्लेषण गरी कारोबार विस्तारमा उच्च सतर्कता अपनाएको छ ।

- कर्मचारीहरूलाई तालिम प्रदान गरी कार्यक्षमता अभिवृद्धि गर्ने र संस्थासँगको आवद्धता सुनिश्चित गर्ने रणनीति अवलम्बन गरिएको छ ।

- कोष अभाव, सञ्चालक खर्च तथा ब्याजदर अन्तर व्यवस्थापन गर्न आन्तरिक बचतमा ध्यान दिइएको छ ।

- प्रतिस्पर्धात्मक वातावरणमा संस्थाको पहिचान उच्च राख्न ग्राहकमैत्री सेवासुविधा र आधुनिक वित्तीय सेवा प्रवाह गर्ने नीति तय गरिएको छ ।

- Nepal Rastra Bank को निर्देशनको पूर्ण पालना गर्दै सेवा प्रदान गरेको छ । साथै, समग्र जोखिम व्यवस्थापन प्रणाली सुदृढ गरिएको छ ।

- साइबर जोखिम बढ्दो भएकाले डिजिटल सुरक्षा सुनिश्चित गर्न आवश्यक सतर्कता अपनाइएको छ ।

- दीर्घकालीन दिगोपन तथा प्रभावकारी सेवा विस्तारको लागि ग्राहक, कर्मचारी र नियमनकारी निकायहरूसँग समन्वयमा रहेर उत्तरदायी रणनीति सञ्चालन भइरहेको छ ।

६. संस्थागत सुशासन : यस संस्थाले Nepal Rastra Bank बाट जारी भएका संस्थागत सुशासनसम्बन्धी निर्देशनहरू, साथै, Bank and Financial Institution Act 2073, Companies Act 2063, Rastra Bank Act 2058, Securities Act 2063 र Income Tax Act 2058 को पालना गरिरहेको छ । संस्थाले आफ्नो/प्रबन्धपत्र, नियमावली, कर्मचारी सेवा विनियम, आर्थिक प्रशासन विनियम, कर्जा तथा बचत नीति लगायत आवश्यक कार्यविधि तयार गरी लागू गरेको छ । लेखापरीक्षण समिति, कर्मचारी सेवा सुविधा समिति, जोखिम व्यवस्थापन समिति, सम्पत्ति शुद्धीकरण अनुगमन समिति जस्ता समितिहरू मार्फत कारोबार चुस्त, छिटो/छरितो, पारदर्शी र आन्तरिक प्रणाली प्रभावकारी बनाउने कार्यसम्पादन भइरहेको छ ।

७. सत्य तथ्य सम्बन्धमा कार्यकारी प्रमुखको उद्घोष : आजका मितिसम्म यस विवरणहरूको शुद्धताका लागि व्यक्तिगत रुपमा उत्तरदायित्व लिन्छु । साथै, यो घोषणा गर्दछु कि मैले जाने-बुझेअनुसार यस प्रतिवेदनका विवरणहरू सत्य, तथ्य आधारित र पूर्ण छन्, र लगानीकर्ताहरूले सचेत निर्णय लिन आवश्यक पर्ने कुनै सूचना लुकाइएको छैन ।

Interim Financial Statement

Condensed Statement of Financial Position

As on Quarter ended 32nd Asadh, 2083

Amount (NPR)

Particulars This Quarter Ending Immediate Previous Year Ending
Assets
Cash and cash equivalent102,708,288458,120,070
Statutory Balances and due from Nepal Rastra Bank24,5711,415,890
Placement with Bank and Financial Institutions--
Derivative Financial Instruments--
Other Trading Assets--
Loan and advances to MFIs & Cooperatives--
Loans and Advances to Customers5,829,006,6365,629,280,984
Investment Securities1,000,0001,000,000
Current Tax Assets-48,367,291
Investment Property2,600,0001,800,000
Property and Equipment63,597,46859,556,969
Goodwill and Intangible Assets6,187,3036,504,665
Deferred Tax Assets11,798,72629,149,060
Other Assets62,519,13770,330,431
Total Assets6,079,442,1286,305,525,360
Liabilities
Due to Bank and Financial Instituions--
Due to Nepal Rastra Bank--
Derivative Financial Instruments--
Deposits from Customers1,497,739,8791,391,092,154
Borrowing3,455,938,1343,976,915,794
Current Tax Liabilities10,027,377-
Provisions18,118,93918,118,939
Deferred Tax Liabilities--
Other Liabilities293,128,201298,252,451
Debt Securities Issued--
Subordinated Liabilities--
Total liabilities5,274,952,5315,684,379,338
Equity
Share Capital497,415,943497,415,942
Share Premium--
Retained Earnings75,818,480(54,775,908)
Reserves231,255,175178,505,989
Total Equity804,489,598621,146,023
Total Liabilities and Equity6,079,442,1286,305,525,360

Head Office Gaindakot, Nawalparasi

(Bardaghat Susta East), Phone No.: 078-503301

Email: [email protected]

Statement Of Distributable Profit or Loss

For the Quarter ended 32nd Asadh, 2083

(As per NRB Regulation)

Particulars Current Year Upto This Quarter YTD Previous Year Corresponding Quarter YTD
Net profit or (loss) as per statement of profit or loss182,365,102(63,958,573)
Appropriation:
a. General reserve36,473,020-
b. Foreign exchange fluctuation fund--
c. Capital redemption reserve--
d. Corporate social responsibility fund1,823,651-
e. Employees' training fund--
f. Client Protection Fund3,647,302-
g. Other--
Profit or (loss) before regulatory adjustment140,421,129(63,958,573)
Regulatory adjustment :(9,826,741)14,100,701
a. Interest receivable (-)/previous accrued interest received (+)(26,377,076)30,871,918
b. Short loan loss provision in accounts (-)/reversal (+)--
c. Short provision for possible losses on investment (-)/reversal (+)--
d. Short loan loss provision on Non Banking Assets (-)/resersal (+)(800,000)(1,800,000)
e. Deferred tax assets recognised (-)/ reversal (+)17,350,335(14,811,983)
f. Goodwill recognised (-)/ impairment of Goodwill (+)--
g. Bargain purchase gain recognised (-)/resersal (+)--
h. Actuarial loss recognised (-)/reversal (+)-(159,234)
i. Other--
Net Profit for the period available for distirubtion130,594,388(49,857,872)
Opening Retained Earning(54,775,908)(4,918,036)
Adjustment (+/-)--
Distribution:
Bonus shares issued--
Cash Dividend Paid--
Total Distributable profit or (loss) as on Quarter end date75,818,480(54,775,908)

Notes :

1. The above figures are subject to change upon regulator's instruction and/or statutory auditors.

2. The detail interim financial report has been published in the website.

3. The Microfinance following the regulatory backstop as mentioned in clause 16 of NFRS-9, Expected Credit Loss Guidelines, 2024", has recognised impairment on credit exposure as the higher of total ECL calculated as per NFRS 9 and existing provision mentioned in Unified Directives no 02.

  1. Personnel expenses include the Provision for Employee Bonus.
  2. Loans & Advances are presented net of Impairment charges.
  3. Actuarial Valuation will be done on annual basis for Employee Benefit.

7. The difference in profit as per the NFRS and GAAP has been transferred to Regulatory Reserve.

8. Previous period figures are regrouped/ rearranged/ restated wherever necessary for consistent presentation and comparision.

Securities Registration and Issue Regulations, 2073 Schedule 14 (Related to Rule 26 Sub-rule (1))

F.Y. 2082/83 Fourth Quarter Report

1. Financial Statement:

(a) Quarterly Period Balance Sheet, Profit and Loss Statement: Unaudited financial statements for the fourth quarter of the current F.Y. 2082/83 including Balance Sheet, Profit and Loss Account, Distributable Profit and related financial indicators have been published herewith. Which is also available on the financial institution's website www.infinitylbsl.com.np.

Condensed Statement of Profit & Loss

For the Quarter ended 32nd Asadh, 2083

Amount (NPR)

Particulars Current Year This Quarter Current Year Upto This Quarter (YTD) Previous Year Corresponding This Quarter Previous Year Corresponding Upto This Quarter (YTD)
Interest Income263,259,743806,029,624213,421,730762,169,798
Interest Expense73,775,411326,856,088105,786,767398,945,124
Net Interest Income189,484,332479,173,536107,634,964363,224,674
Fee and Commission Income24,658,96267,679,68925,852,49974,188,752
Fee and Commission Expense28,10698,493--
Net Fee and Commission Income24,630,85767,581,19625,852,49974,188,752
Net Interest, Fees and Commission Income214,115,189546,754,731133,487,463437,413,427
Net Trading Income----
Other Operating Income-160,349--
Total Operating Income214,115,189546,915,080133,487,463437,413,427
Impairment Charge/(reversal) for Loans and Other Losses(57,203,748)(58,459,510)119,062,731214,803,119
Net operating income271,318,937605,374,59014,424,733222,610,308
Operating Expense92,903,284319,549,94378,325,996285,567,026
Personnel Expenses65,763,129229,906,20557,296,213198,900,619
Other Operating Expenses22,141,30270,106,4096,528,26166,019,710
Depreciation & Amortization4,998,85319,537,32914,501,52120,646,697
Operating Profit178,415,652285,824,647(63,901,264)(62,956,719)
Non-Operating Income----
Non-Operating Expense516,879516,879--
Profit before Income Tax177,898,773285,307,768(63,901,264)(62,956,719)
Income Tax Expense----
Current Tax53,369,63285,592,33015,462,23015,745,594
Deferred Tax17,946,11217,350,335(14,743,740)(14,743,740)
Profit for the Period106,583,029182,365,102(64,619,754)(63,958,573)
Condensed Statement of Comprehensive Income
Profit for the period106,583,029182,365,102(64,619,754)(63,958,573)
Other Comprehensive Income----
Total comprehensive income for the period106,583,029182,365,102(64,778,987)(64,117,807)
Ratio as per NRB Directives
Particulars Current Year This Quarter Current Year Upto This Quarter Previous Year This Quarter Previous Year Upto This Quarter
Capital Fund to RWA--
Non Performing Loan (NPL) to Total Loan--
Total Loan Loss Provision to Total NPL--
Cost of Funds--
Credit to Deposit & Borrowing Ratio--
Base Rate--
Interest rate spread--

Interest Rate

1. Deposits : 7.5%

2. Loan & Advance : 13.88%

(b) Key Financial Ratios:

Earnings Per Share (Annual) Price Earnings Ratio Net Worth Per Share Total Assets Value Per Share Liquidity Ratio Capital Adequacy Ratio

Rs. 36.66 25.16 Rs. 161.73 Rs. 1,222.20 10.39% 11.44%

2. Management Analysis:

(a) Details regarding major reasons for any changes in the institution's balance/liquidity, income, and position during the quarterly period: During the fourth quarter of the current fiscal year (F.Y.), the institution achieved positive growth in liquid balance amount, net interest income, base rate, and cost of funds. In recent months, political instability in the country, the Gen-z movement and its impact on the financial sector, activities against microfinance institutions under the microfinance program, and global economic recession have created challenges in the loan recovery process. However, despite the above challenges, the institution is moving forward with its campaign according to the business plan and will remain focused on more effective service delivery and risk management in upcoming periods.

(b) Management's analytical detail regarding the business plan for the upcoming year: The institution has been providing microfinance services to 1,12,501 members through 102 branches. Additionally, it provides vegetable and livestock farming training to members through groups, and financial literacy programs to clients and the community. A policy has been adopted to deliver fast, easy, transparent, and low-cost services through digital facilities (Mobile Banking, E sewa, Khalti, IME Pay, SMS Alert). Furthermore, service reach has been expanded using new banking systems (through Nepal Clearing House Ltd.). Under the concept of 'Access to finance', the institution added 6 branch offices in remote areas, providing financial services through a total of 102 branch offices. Based on customer needs, the institution aims to expand branches in underserved areas, deliver finance, savings, loan, and insurance services targeting new geographical areas or backward communities, and facilitate customer access through technology-friendly (digital) mediums in the coming days.

(c) Analytical details regarding events, conditions, etc. from past experience that could materially affect the organized institution's balance, profit, or cash flow: Keeping in view the impact on the institution's balance, profit, or cash flow caused by the prevailing economic recession in the country, activities conducted against microfinance institutions, and instability brought to the overall market environment by political leadership changes,

- Regular training programs are provided to maintain high employee morale and develop efficiency enhancement,

- Financial literacy programs on contemporary issues are conducted among the public in coordination with local bodies,

- Quality loan growth-oriented strategy has been adopted while working to instill a positive perspective and satisfaction towards the institution among clients and members.

3. Legal Proceedings Provision:

(a) If any lawsuit was filed against the financial institution during this quarterly period: No lawsuit has been filed against the financial institution during this quarterly period, nor has any such information been received.

(b) Lawsuit filed by or against promoters or directors of this financial institution regarding disobedience of prevailing rules or criminal offense: No information received.

(c) Lawsuit filed by or against any promoter or director regarding economic offenses: No information received regarding any lawsuit filed by or against any promoter or director for economic offenses.

4. Share Transactions and Progress Analysis of Organized Institution:

(a) Management's perspective on share transactions of the organized institution in the securities market: For secondary market share transactions, the institution's shares are listed and traded on Nepal Stock Exchange Limited.

(b) Maximum, minimum, closing price, total trading days, and number of transactions of shares during the quarterly period: According to the website of Nepal Stock Exchange Limited www.nepalstock.com, share transactions during the third quarter period are shown as follows.

Maximum Price Minimum Price Closing Price Total Trading Days Total Transactions Traded Share Quantity

Rs. 1,030/- Rs. 515/- Rs. 864/- 64 Days 2,264 154,191 Units

5. Problems and Challenges:

Economic recession in the economy, drop in loan recovery due to the impact of loan and interest waiver campaigns run by anti-microfinance groups, multi-banking transactions, lack of skilled manpower, policy changes from regulatory bodies and potential problems arising therefrom have been taken as problems and challenges by the institution. Strengthening internal control systems, ensuring cyber security in digital service systems, and managing rising administrative expenses have also emerged as important challenges.

(b) External Challenges:

Inflation caused by conflicts among major nations of the world, uncertainty brought by climate change to agriculture and micro-enterprises, and economic recession have caused widespread sluggishness in Nepal's economy. Fluctuations in financial market liquidity and market contraction have affected financial service operations. Additionally, the lack of minimum necessary physical infrastructure in rural areas poses challenges to program expansion. Thus, this cycle carries potential impacts across multiple levels for the institution, such as operations, operating costs, risk management, and customer behavior.

(c) Resolution Strategies:

The institution has analyzed internal and external problems/challenges and adopted high caution in business expansion.

- A strategy has been adopted to train employees to enhance capability and ensure retention with the institution.

- Focus has been placed on internal savings to manage fund shortage, operating expenses, and interest rate spread.

- A policy to deliver customer-friendly facilities and modern financial services has been fixed to maintain the institution's high identity in a competitive environment.

- Services are provided in full compliance with directives from Nepal Rastra Bank. Furthermore, the overall risk management system has been strengthened.

- Due to growing cyber risks, necessary caution has been taken to ensure digital security.

- Responsible strategy is being conducted in coordination with customers, employees, and regulatory bodies for long-term sustainability and effective service expansion.

6. Corporate Governance: This institution is complying with corporate governance directives issued by Nepal Rastra Bank, as well as the Bank and Financial Institution Act 2073, Companies Act 2063, Rastra Bank Act 2058, Securities Act 2063, and Income Tax Act 2058. The institution has prepared and implemented necessary procedures including its Memorandum of Association, Articles of Association, Employee Service Regulations, Financial Administration Regulations, and Credit & Savings Policy. Performance is ongoing to make transactions efficient, fast/prompt, transparent, and internal systems effective through committees such as Audit Committee, Employee Service & Facilities Committee, Risk Management Committee, and Anti-Money Laundering Monitoring Committee.

7. Declaration by Chief Executive on Truthfulness and Authenticity: As of today's date, I take personal responsibility for the accuracy of these details. Furthermore, I declare that to the best of my knowledge and understanding, the details in this report are true, fact-based, and complete, and no information necessary for investors to make informed decisions has been concealed.

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