October 30, Kathmandu. Nepal Telecom has increased its profit in the first quarter of the current fiscal year. According to the telco, it has earned a net profit of Rs 2.25 billion in mid-October.
According to the company’s first quarter financial statements released on Tuesday, the profit is 48.9 percent higher than the same period last year (mid-October 2077). The company had made a profit of Rs 1.51 billion in the same period last year.
In the first quarter of last year, the operating income of the company was Rs. 8 billion 633.53 million, an increase of Rs. The company has stated that the rupee has reached.
According to the company, the total revenue for the first quarter of last fiscal year was Rs. Has been
Similarly, in the first quarter of last fiscal year, EBITDA has increased from Rs. .
The company says that with the implementation of the Forge project, its access has expanded and the overall active customer base has increased.
Despite continued decline in international calls and international roaming services due to increased use of OTT, growth in online business, online classes, social networking, Internet-based entertainment, etc. improved the company’s voice services, data services and SMS services in the first quarter compared to the same period last year. The company said that it has increased by 7 percent, 15 percent and 335 percent respectively.