KATHMANDU: The Citizen Investment Trust (CIT) recorded a net profit of slightly over Rs 1.25 billion after tax in the last fiscal year. Of the total amount, Rs 251.2 million was allocated to the general reserve fund, while the remaining profit was distributed to its members as a bonus.

This information was shared during the 31st Annual General Meeting (AGM) of the CIT, which concluded here today. The AGM endorsed the distribution of a five percent bonus share and an eight percent cash dividend from the income of the last fiscal year.

It was stated that while the CIT’s net fund collection from various savings programmes stood at Rs 266.65 billion in the last fiscal year, the savings mobilization balance reached Rs 296.89 billion by the end of the first three months (mid-October 2025) of the current fiscal year.

The AGM also endorsed the Trust’s annual report, the profit and loss account for the fiscal year 2081/82, the cash flow statement, and other related financial statements. The meeting unanimously elected Narayan Prasad Ghimire as the representative of the general shareholders.

CIT Chair Tulasi Prasad Ghimire said that shareholders’ satisfaction with the dividend, along with their concerns regarding employee facilities and capacity enhancement, is encouraging. He pledged to operate the CIT in a more systematic manner to ensure its sustainable development.

Executive Director Parbat Kumar Karki stated that the issues raised at the AGM would be addressed, claiming that the organization is being operated as a well-governed institution. He also shared the complexities in recovering loan investments made in Nepal Airlines Corporation but expressed confidence that the loan would eventually be recovered, as the Government of Nepal stands as the guarantor.

He further stated that under its institutional social responsibility, the CIT has contributed to the education, disaster management, and reconstruction sectors. He added that the Trust’s data are being gradually digitalized and that data storage is being made more secure.