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Shikhar Insurance
National Life

Nepal Telecom’s net profit stands at Rs 2.84 billion

Hyundai
NCELL
NIMB

Kathmandu. Kathmandu: Nepal Telecom Limited (NTL) has released its financial statements for the third quarter of the current fiscal year.

The company has earned a net profit of Rs 2.84 billion in the first quarter of the current fiscal year. This is 48 compared to the same period of the previous fiscal year. 67 percent less.

The company had posted a net profit of Rs 5.53 billion in the same period of the previous fiscal year.

During this period, the company’s financial income decreased by 46 percent to Rs 2.80 billion. The company had posted a financial income of Rs 5.19 billion in march last year.

Similarly, the company has a paid-up capital of Rs 18 billion and a reserve fund of Rs 72.70 billion.

The total current assets of the company are Rs 44.18 billion and total current liabilities are Rs 21.62 billion.

Similarly, the company’s EPS is Rs 21.05, net worth per share is Rs 503.93 and PE ratio is 42.74.

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