Nepal Telecom's Net Profit Down by 7.59 Percent

Nepal Doorsanchar Company Limited, also known as Nepal Telecom, has recorded a 7.59 percent decline in its net profit in the first half of FY 2023/24. The company's net profit stood at Rs 3.93 billion in the first half of FY 2023/24 compared to Rs 4.25 billion during the same period of FY 2022/23. 

The company's profit has been affected by the decrement in income. The company earned a revenue of Rs 17.24 billion in the second quarter of the current fiscal year compared to Rs 18.7 billion during the same period of the last fiscal year.