NTC's profit grows by 3.45% by Q4; earns Rs 11.68 arba profit; EPS at Rs 77.87

ShareSansar, August 15:

Nepal Doorsanchar Company Limited also known as Nepal Telecom has posted the modest profit rise of … percent in the fourth quarter of the last fiscal year 2070/71.

According to the financial statement for the fourth quarter of the company published today, it stated that its net profit (after tax) stands at Rs 11.68 arba as compared to Rs 11.29 arba in the corresponding period of the previous fiscal year 2069/70.

The total income of NTC rose to Rs 39.27 arba, up from Rs 3.88 arba in the previous fiscal year. Likewise, the expenditure of the bank was Rs 23.67 arba in the last fiscal year as compared to Rs 23.77 arba in the previous year.

The company’s report shows that the ‘operation and maintenance’ costs of Rs 6.83 arba accounted the highest portion of its total expenditure, followed by ‘personal costs’, ‘depreciation’ and ‘license fee’, among other headings.

In its management analysis in the report, the company also stated that it has managed to record a noteworthy growth in performance by expanding its products and services.
“It has adequate facilities in place and robust cash flows to meet its liquidity requirements for executing its business plans and meeting with any evolving requirements,” read the statement.

Nepal Telecom, which is has the highest capitalization in the only stock exchange of the country, further reported that its EPS now stands at Rs 77.87, P/E ratio at 8.42 times and the net worth per share is now priced at Rs 383.91.