Nepal Telecom Reports Significant Profit Growth in Q4 FY 2082/83
Summary
Nepal Telecom posted a net profit of NPR 8.86 billion in the fourth quarter of FY 2082/83, up 47.58 percent year-on-year. Higher GSM revenue helped offset a drop in interest income, while operating income and EBITDA also rose.
Key Points
- Nepal Telecom’s net profit rose to NPR 8.86 billion in the fourth quarter of FY 2082/83, a 47.58 percent increase from the same period last year.
- Total operating income climbed 3.12 percent to NPR 34.95 billion, while total income increased 2.65 percent to NPR 39.19 billion.
- EBITDA reached NPR 20.48 billion and profit before tax rose 34.66 percent to NPR 13.26 billion.
- Interest income fell by about NPR 861.9 million due to lower interest rates, but GSM revenue increased by NPR 645.4 million.
