Nepal Telecom Increase Net Profit

May 13, 2018 Merolagani

Nepal Telecom (NTC) has earned Rs 29.39 billion from its services in the third quarter of the current FY compared to Rs 29.74 billion of the corresponding period of the last FY.

Despite decrease in income, the company managed to increase its net profit by 4.72 percent to Rs 11.85 billion from Rs 11.32 billion of the last FY.

Increase in other income aided the raise in its net profit. During the period, the company earned Rs 4.46 billion worth of other income which was Rs 3.11 billion during the last FY.

Presently, the company has a paid-up capital of Rs 15 billion and reserve fund of Rs 79.69 billion. The company has EPS of Rs 105 and net worth per share of Rs 631.

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