Telecom giant Nepal Doorsanchar profit fell by 15.25% in Q2; income from services stands at Rs 18.44 arba

Nepal Doorsanchar Company Limited (NTC) has published the unaudited quarterly report for the second quarter of FY 75/76. The paid-up capital of the company remains unchanged at Rs.15 arba. The reserves of the company grew by 20.78% to stand at Rs 90.99 arba for the end of the second quarter. The long investments of the company, which were previously at Rs 38.68 arba, grew by more than 20.74% to stand at Rs 46.71 arba for the quarter end.

The company has Rs 22.75 arba as cash and cash equivalents with a decline of 13.50% compared to the corresponding quarter.

Income from services fall of 6.41% and other income rises by 22.71% respectively. The company’s income from services currently stands at Rs 18.44 arba while the other income stands at Rs 3.26 arba. The net profits of the company decrease from Rs 7.48 arba to Rs 6.34 arba in the second quarter with a fall of 15.25%.

The EPS of the company currently stands at Rs 84.55, which declined by 15.25% compared to the corresponding quarter of the previous year. The company posted a growth of 17.33% in the net worth per share which is currently at Rs 706.67. P/E ratio of the company slightly increased from 8 times to 8.75 times by the end of the second quarter.

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