KATHMANDU, Nov 14: Nepal Telecom (NT)’s net profit increased by 37.35 percent in the first quarter of the current Fiscal Year (FY) 2026/27.
According to the unaudited financial statements released by the company, it earned a net profit of Rs 1.82 billion during the first three months of the current FY. In the same period of the previous FY, the company had earned a net profit of Rs 1.32 billion.
During the review period, the company’s profit before tax also rose by 3.65 percent, reaching Rs 2.98 billion. In the same period of the previous FY, this figure stood at Rs 2.88 billion.
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Similarly, the company’s total revenue increased by 0.07 percent to Rs 9.48 billion. In the corresponding period of the previous FY, the revenue earned was Rs 9.47 billion.
The NT’s financial report reveals that its operating income declined slightly in the review period. The total operating income stood at Rs 8.678 billion, down from Rs 8.679 billion.
According to the NT, its revenue from service sales was affected adversely by the disruption of telecommunication services due to floods and landslides in the Bhote Koshi region, as well as the provision of free data and voice services that it provided to affected subscribers for 17 days. The company also noted that the floods in the Budhi Gandaki also affected its service sales.
Furthermore, the increasing usage of low-priced, high-volume mobile data packages has also impacted the company's earnings. During the review period, operating revenue increased by Rs 1.016 million for GSM services and by Rs 44 million for FTTH (Fiber-to-the-Home) services.
The company stated that employee-related expenses rose in the current FY due to an increase in staff salaries. However, total expenses decreased by Rs 481.2 million, a reduction of 5.90 percent, driven by a decline in depreciation expenses and an impairment reversal.
