Nepal Telecom has reported a net profit of NPR 6.23 billion for the fiscal year 2080/81. The company shared this information during the celebration of its 21st anniversary, along with the financial details for the past fiscal year.
“Looking at the financial position, the company’s total revenue for the fiscal year 2080/81 is NPR 42.11 billion, and the net profit is NPR 6.23 billion,” Nepal Telecom stated.
This represents a slight decrease compared to the previous fiscal year. Despite the negative economic indicators, the company has successfully earned a profit, as mentioned in the report.
As of the end of the fourth month of the current fiscal year, the company has earned approximately NPR 20.12 billion in revenue.
Additionally, the number of customers for Nepal Telecom has exceeded 21.2 million. The GSM customer base is 20.77 million, while the PSTN service has 87,000 customers, and the HTTF voice service has 380,000 users, according to the company.