NT’s net profit rises by 37.35% in Q1
Summary
Nepal Telecom’s net profit rose 37.35 percent year-on-year to Rs. 1.82 billion in the first quarter of the current fiscal year, even as EBITDA fell and operating income stayed nearly flat. The company blamed flood and landslide disruptions, higher employee expenses, and changing operating costs for the mixed performance.
Key Points
- Nepal Telecom reported a 37.35 percent year-on-year rise in net profit to Rs. 1.82 billion in Q1 of fiscal year 2026/27.
- Profit before tax increased to Rs. 2.98 billion, while EBITDA declined by 6.13 percent to Rs. 4.45 billion.
- Floods and landslides in Rasuwa and Budhigandaki disrupted telecom services, reduced sales, and forced the company to provide free voice and data services to affected customers.
- The company said higher employee expenses and lower depreciation expenses also affected its financial results.