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Nepal Telecom (NTC) has reported improvements in its financial performance as of the third quarter of the current fiscal year (FY 2025/26), with gains in net profit, operating profit, and earnings per share (EPS).

According to unaudited financial statements released by the company, NTC earned a net profit of Rs 6.27 billion by mid-April. This marks a 9.85 percent increase compared to Rs 5.71 billion in the same period last fiscal year, translating to an additional Rs 562.4 million in profit.

The company also recorded a 2.42 percent rise in operating profit. Operating income grew by Rs 612 million, reaching Rs 25.92 billion during the review period. Total revenue climbed to Rs 28.85 billion, up from Rs 28.43 billion last year. NTC attributed this improvement primarily to higher GSM income from data and voice services, which increased by Rs 577.4 million, or 2.76 percent.

A reduction in depreciation expenses further boosted profitability. Depreciation costs fell by Rs 386.9 million, an 8.46 percent decline compared to the same period last year. However, the company’s interest earnings dropped by Rs 576.6 million, or 20.57 percent, due to lower interest rates offered by banks.

Despite this decline in interest income, NTC’s earnings per share improved significantly, rising to Rs 46.47 from Rs 42.30. The company emphasized that the combination of increased GSM revenue and reduced depreciation expenses played a decisive role in strengthening its overall financial position.