Financial Performance for First Quarter
NRN Infrastructure and Development Limited (NRN) has released its unaudited financial statements for the first quarter of the current fiscal year, showing a significant decline in net profit compared to the same period last year.

During the first three months, the company recorded a net profit of NPR 5.066 million, marking a 88.31% decrease from NPR 43.3 million in the same period of the previous fiscal year. The decline in profit is attributed to a reduction in the value of investments.

Revenue and Expenses

• Fair value of investments dropped by 89.18%.
• Financial income increased by 72.21%.
• Total revenue decreased by 79.83%, while total expenses declined by 41.88%.

Earnings Per Share and Net Worth

• Earnings per share (EPS): NPR 1.58, down by NPR 12.59.
• Net worth per share: NPR 241.90
• Price-to-earnings (P/E) ratio: 1,160.30

Capital and Retained Earnings
The company has a paid-up capital of NPR 128 million, with retained earnings of NPR 151 million.

The first-quarter performance reflects the impact of declining investment values, leading to a significant reduction in net profit and earnings per share.