• Ntc
  • Ncell
  • Samsung
  • Apple
  • Xiaomi
  • 2G to 5G
  • ISP
  • NTA
  • Tariffs
  • About us
Thursday, July 3, 2025
NepaliTelecom
  • Home
  • Telecom News
    • News
    • NTA
    • Ntc
    • Ncell
    • Smart Cell
    • Digital Nepal
  • Gadgets
  • How To
  • Editors’ Pick
  • Contact
  • About
No Result
View All Result
  • Home
  • Telecom News
    • News
    • NTA
    • Ntc
    • Ncell
    • Smart Cell
    • Digital Nepal
  • Gadgets
  • How To
  • Editors’ Pick
  • Contact
  • About
No Result
View All Result
NepaliTelecom
No Result
View All Result

Nepal Telecom Maintains Quarterly Profits Despite COVID-19

Dinesh by Dinesh
June 1, 2024
in Nepal Telecom, Telco News
Reading Time: 4 mins read
Nepal Telecom revenue profit

Nepal Telecom (NTC) has maintained quarterly profits despite the COVID-19 economic setback. The government-owned telecom company has reported an increase in its revenue by 45 crores in the second quarter of the current fiscal year 2077/78.

The telecom operator released its financial details for the second quarter of 2077/78 on Feb 12. It showed the company’s healthy economic graph as compared to both, first quarter and last year same period.

The company gathered revenue of NRs. 8.63 Arba in the first three months of the current fiscal year. Whereas in the preceding fiscal year, the company had maintained revenue of NRs. 8.99 Arba in the second quarter.

Comparing the revenue by quarter, the company increased the profit amount by NRs. 45 crores, which extends the total to NRs. 9.08 Arba in profits for this fiscal year.

Check out: Nepal Telecom’s Plan for 2021: 5G, AI and More

Whereas referencing it with the same period (2nd quarter) last year, the company’s revenue increased by 9 crores.

Nepal Telecom Quarterly reports 2077/78First quarter 2077/78Second quarter 2077/78
Total income8,635,340,0419,089,573,462
Net profit1,517,769,3811,771,625,07९
NTC’s Financial details for fiscal year 2077/78

In the first three months of the current fiscal year 2077/78, the operator amassed a net profit of NRs. 1 Arba 51.77 crores. In the second quarter, it saw the profits rise by NRs. 25.38 crores and reach NRs. 1 Arba 77.16 crores.

“Increased Revenue” A Mixed Bag!

While the quarterly reports showed a healthy picture for the telecom operator, the conclusion may be not so commendable. The company has seen its semi-annual incomes drop by 1.74%. This equates to an amount of NRs. 17.72 Arba which was NRs 18.03 Arba.

Reasons to blame for the decline

Here are the reasons that the company blame for the decline in revenue in this period.

  • Covid-19 pandemic had a direct impact on the business worldwide and Nt’s telecom business is no exception.
  • Due to decline in Interest rates for bank deposits, the income from such deposits dropped as compared to same period last year. They reveal that the downturn of such interest in the quarter amounts to 20 crores and 74 lakhs.
  • Restrictions on travel due to pandemic also put a huge restrain to the international roaming services.
  • Increased use of international calls from OTT limits the revenues out of the international interconnection charges which was a great income source for the telco before.
  • Some external factors like increase in minimum wage of external manpower, higher maintenance costs and forex rates also put an impact on the company’s profit margin.

Checkout: Reasons for Decrease in Revenue of Nepali Telcos

Telecom’s Cheaper Services to Blame?

Apart from the coronavirus impact and the above mentioned reasons, Nepal Telecom also cites the low prices of the mobile data for the revenue/profit slump.

To stay in the competition, NTC offered cheaper services of mobile data packages to customers yearning for more from the government-run telecom. It also contributed to the latest mixed bag financial results.

While most of the people were confined to their homes, internet usage spiraled out of control. The reports have revealed that Nepal Telecom’s total bandwidth consumption has soared, but its income has narrowed. It is because the company has lowered its mobile data costs and extended its cheaper data services since the lockdown.

Also Read: Nepal Telecom launches Namaste Wifi for 4G Wireless Home broadband service.

Nepal Telecom is Nepal’s largest telecom operator, with around 8.5% owned by public and reminder belongs to the government.

Tell us what do you think of the Ntc revenue and profit in the second quarter of 2077/78. As the COVID-19 impact abates, we can expect the telco revenue to extend further in upcoming financial reports.

Follow us on Facebook, Twitter, and Viber to get the latest news, and information about Nepal Telecom, Ncell, Smart Cell, ISPs, mobile apps, and phones in Nepal.

Latest Posts

  • Ncell to distribute 971 range mobile numbers
  • Xiaomi 14T price dropped in Nepal | Find major specs
  • Samsung launches its most affordable earbuds “Galaxy Buds Core” in Nepal
  • Khalti-IME Pay integrated operation from Shrawan 1, NRB gives its final nod
  • Government to provide voice alerts on flood, weather updates
  • SEE Result 2081 is published: How to check online? Ntc, apps, SMS
  • Nepal Telecom to implement ‘leaky feeder’ in Nagdhunga-Naubise tunnel
Comments
Previous Post

Huawei Willing to Transfer 5G Technology For Global Innovation

Next Post

NTA to Bring Internet Content Filtering Technology

Dinesh

Dinesh

An experienced tech writer covering news mostly on telecommunication, internet, latest tech & trends, and Gadgets. Being a technophile, I am particularly fascinated by the evolution of mobile networks in Nepal from legacy networks (2G, 3G) to 4G (with VoLTE, VoWiFi, eSIM) and the prospects of the upcoming 5G, and equally enthralled by the development of internet from the dial-up connection to the 2 Gbps XGS-PON fiber broadband technology and their transformative impact in the country.

Related Posts

Nepal Telecom leaky feeder Nagdhunga-Naubise tunnel
Nepal Telecom

Nepal Telecom to implement ‘leaky feeder’ in Nagdhunga-Naubise tunnel

June 27, 2025
Unauthorized use of Frequency Nepal
NTA - Nepal Telecommunication Authority

NTA appeals to only use allocated frequency with permission

June 19, 2025
Free Wifi affecting Telco revenues
ISP

ISP’s free WiFi Hotspot causes telcos a loss of Rs 14 billion a year

June 20, 2025
Load More

You may also read

Check SEE result grade marksheet

SEE Result 2081 is published: How to check online? Ntc, apps, SMS

June 27, 2025
Ntc FTTH

Nepal Telecom Fiber Internet: Price, Speed, Offer, Packs [2025]

April 16, 2025
Nepal Telecom Ntc SEE student SIM offer

Nepal Telecom Brings SEE offer | Free resource and bonus [2025]

March 27, 2025
Ntc Namaste Wifi service with 4G LTE router

Namaste Wifi | Ntc’s Wireless Broadband with 4G Router [2025]

January 29, 2025

How to identify Ntc Ncell Smart Hello mobile numbers? [2025]

January 28, 2025
Nepal Telecom leaky feeder Nagdhunga-Naubise tunnel

Nepal Telecom to implement ‘leaky feeder’ in Nagdhunga-Naubise tunnel

June 27, 2025
NepaliTelecom

Nepalitelecom.com is a website/blog which provides information regarding telecommunication in Nepal along with Gadgets and has been doing some research for the telecom market in Nepal. We intend to do more of such survey/research in the Nepalese Telecom sector.

SiteMap

📢 Follow us on Viber to get the latest news, and information about Nepal Telecom, Ncell, ISPs, mobile apps, and phones in Nepal.

Popular Categories

Ntc | Ncell | Telco News | ISP | NTA | Gadgets

Recent Posts

  • Ncell to distribute 971 range mobile numbers
  • Xiaomi 14T price dropped in Nepal | Find major specs
  • Samsung launches its most affordable earbuds “Galaxy Buds Core” in Nepal

© 2025 Nepalitelecom

No Result
View All Result
  • Home
  • Telco News
  • Gadgets Nepal
  • Nepal Telecom
  • Ncell
  • Digital Nepal
  • How To
  • Editors’ Pick

© 2025 Nepalitelecom