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Nepal Telecom net profit rises 37 percent in first quarter

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Compiled by Tiroom Desk from 8 sources
The exterior of the Nepal Telecom central office building.
Ratopati English
AI Overview

Nepal Telecom's net profit rose 37.35 percent to about Rs 1.82 billion in the first quarter of fiscal year 2083/84, while floods and landslides disrupted its services, the company said.

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  1. AI Overview

    Nepal Telecommunications Company Limited (Nepal Telecom) reported a sharp rise in net profit for the first quarter of fiscal year 2083/84, according to its unaudited financial statement for the three months to the end of Asoj (mid-October). Net profit rose 37.35 percent to about Rs 1.82 billion from about Rs 1.33 billion a year earlier, an increase of Rs 494.9 million. Annualised earnings per share stand at Rs 40.45.

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