• Ntc
  • Ncell
  • Samsung
  • Apple
  • Xiaomi
  • 2G to 5G
  • ISP
  • NTA
  • Tariffs
  • About us
Tuesday, May 13, 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’s Profit Dropped By 7.86% in FY 2079/80, But Revenue Increased

Dinesh by Dinesh
November 23, 2023
in Nepal Telecom, Telco News
Reading Time: 4 mins read
Nepal Telecom Ntc profit declines

Nepal Telecom saw its profit decline by 7.86% in Fiscal Year FY 2079/80. As per its latest financial report, the state-backed company earned over 7.80 arab in profit in the last fiscal year which is a decrease of over Rs 66 crores compared to the previous fiscal year. However, the company was able to grow its total revenue by over Rs 49 crores surpassing Rs 44 arab.

The company earned 7 arab, 80 crores, 45 lakhs, and 26 thousand in profit in FY 2079/80 (till the end of Ashar, 2080). It’s a decrease for the company of 7.86% or Rs 66 crores, 62 lakhs, and 7 thousand in amount. In FY 2078/79, the communication giant posted Rs 8 arab, 47 crores, 7 lakhs, and 33 thousand in total profit.

Ntc profit in FY 2079/80Ntc profit in FY 2078/79Difference
Rs 7.80 arabRs 8.47 arabRs 66.62 crore↓

Likewise, the company’s total operating revenue stood at Rs 37 arab, 91 crores, 97 lakhs, and 89 thousand in FY 2078/79. This FY till the end of Ashar, 2080, the revenue dropped to Rs 36 arab, 80 crores, 39 lakhs, and 30 thousand. It was a decrease of 2.94% or Rs 1 arab, 11 crore, 58 lakhs, and 58 thousand.

Total operating revenue in FY 2079/80Total operating revenue in FY 2078/79Difference
Rs 36.80 arabRs 37.91 arabRs 1.11 arab↓

Also read: Reasons Nepal Telecom is Hesitant for TERAMOCS Implementation

Nepal Telecom generated 44.86 arab in revenue in FY 2079/80

Similarly, in FY 2079/80 (till Ashar, 2080), Ntc generated a total of 44 arab, 86 crores, 82 lakhs, and 73 thousand. In FY 2078/79, the company posted Rs 44 arab, 37 crores, 46 lakhs, and 56 thousand in total revenue. As it stands, it was able to mark a year-to-year increase of 1.11% or Rs 49 crores, 36 lakhs, and 16 thousand.

Ntc revenue in FY 2079/80Ntc revenue in FY 2078/79Difference
Rs 44.86 arabRs 44.37 arabRs 49.36 crores (1.11%↑)

Ntc says that currently, its paid-up capital stands at 18 arab while 75.82 arab remains in funds and reserves.

In the meantime, the fall in profit translated to its decline in per-share revenue and net worth as well. In FY 2079/80, Nepal Telecom’s per share revenue was Rs 43.36 before that, the per share earning in FY 2078/79 stood Rs 47.06. Similarly, the company’s net worth per share was Rs 521.27 in FY 2079/80 while it was Rs 528.13 in FY 2078/79.

Check out: Nepal Telecom talks “Vision 2030” | Fresh calls for better quality service

Reasons for changes in profit for the company in FY 2079/80

In recent years, Ntc has witnessed series of profit decline despite growing its user base. Less use of cellular voice, growth of OTT apps, cheaper data packs due yo cut throat competition has been accounted for the company’s less then inspiring financial returns.

Here are the reasons for the decline of Nepal Telecom’s profit for the FY 2079/80, as per the company.

  • The growing use of international roaming services was worth 22 crores, 46 lakhs during FY 2079/80. Expenses directly related to operating services increased. Likewise, bank interest rate changes increased Rs 1 arab, 85 crores, and 77 lakhs in financial revenue. Find how to activate roaming service in Nepal Telecom.
  • The change in foreign exchanges led to the gain of Rs 22 crore, 24 lakhs in foreign exchange gain.
  • Readjustment in domestic interconnection tariff is attributed as another reason for the changes in the company’s profit amount. Similarly, the expansion of 4G coverage and data around the country, and cheaper data packs are treated as other reasons for lower profit. Also, the growth of OTT has led to a decrease in revenue by Rs 68 crores, 37 lakhs.
  • The lack of electricity supply and timely maintenance has forced the network outage in some areas.
  • Revenue dropped due to the changes in the telecommunication service charges as per the Finance Act, 2079.
  • Resumption of the capacity-building programs which had stopped after COVID-19 and the increase of employees’ wages.
  • Damage to its infrastructures and impact on network expansion during infrastructure building, repairing, transfer, etc. municipalities, and rural municipalities. Do read: Lack of Coordination in Construction Works Deprived Customers of Our Services: Ntc
  • Having provided continuous and improving quality in remote areas from where financial return is less expected.

Nepal Telecom is Nepal’s largest communication service provider with an array of mobile and fixed-line services. The company boasts the highest market share in voice and broadband services in the country.


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

  • Apple brings iOS 18.5 with emergency satellite to iPhone 13
  • Nepal Telecom launches 4G network in Junichande, Jajarkot
  • Samsung Galaxy S25 Edge launch date confirmed, find rumors
  • Huawei announces application for Seeds for the Future Nepal
  • Ncell launches first Shop-in-Shop in Bhairahawa, what is it?
  • NTA warns not to continue unauthorized satellite internet at base camps
  • Daraz Brings 5.5 Sale, “Best Price, Best Deal Offer”
Comments
Previous Post

Ncell Launches EPL League Contest: Winners will Get free 4G Internet

Next Post

Nepal Telecom Brings C-Phone Users A New Migration Offer With 4G LTE Services

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 Ntc 4G
Nepal Telecom

Nepal Telecom launches 4G network in Junichande, Jajarkot

May 11, 2025
Nepal Telecom logo high res
Nepal Telecom

Ntc Urges Users to Use Their Own SIM for Public Services

April 26, 2025
Nepal Telecom 4G LTE
Nepal Telecom

Nepal Telecom launches 4G service in Gurans, Dailekh

April 24, 2025
Load More

You may also read

Ntc FTTH

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

April 16, 2025

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

January 28, 2025
Ntc Namaste Wifi service with 4G LTE router

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

January 29, 2025
Nepal Telecom Ntc SEE student SIM offer

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

March 27, 2025
Worldlink internet offers package price in Nepal

WorldLink Internet Packages: Price, Offers, FUP, 2025 update

March 2, 2025
Dish Home Fiber Internet

Dish Home Internet Packages and Price List in 2025

March 23, 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

  • Apple brings iOS 18.5 with emergency satellite to iPhone 13
  • Nepal Telecom launches 4G network in Junichande, Jajarkot
  • Samsung Galaxy S25 Edge launch date confirmed, find rumors

© 2025 Nepalitelecom

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

© 2025 Nepalitelecom