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Telecom’s net profit drops by 57pc as GSM renewal and pension liabilities hammer earnings

KATHMANDU: Nepal Telecom (NT) has witnessed a dramatic 57.21 percent fall in its net profit this fiscal year after being hit by a one-time GSM license renewal fee of Rs 20 billion and a sharp rise in employee pension allocations. According to the company’s annual report for fiscal year...

Telecom’s net profit drops by 57pc as GSM renewal and pension liabilities hammer earnings
Global IME Bank Honored with ‘Euromoney Award for Excellence 2025’

Global IME Bank Honored with ‘Euromoney Award for Excellence 2025’

Commercial banks further slash interest rates in Bhadra; Institutional rates drop to 2.75 percent

Commercial banks further slash interest rates in Bhadra; Institutional rates drop to 2.75 percent

PM Oli urges social media platforms to register and pay taxes

PM Oli urges social media platforms to register and pay taxes

Google Maps launches street view in Nepal

Google Maps launches street view in Nepal

Global IME Bank, Shangrila Development Bank sign MoU to expand non-fund-based banking services

Global IME Bank, Shangrila Development Bank sign MoU to expand non-fund-based banking services

Nepal’s commercial banks earn Rs 71.51 bn profit in FY 2081/82: Strong rebound but uneven performance across sector

Nepal’s commercial banks earn Rs 71.51 bn profit in FY 2081/82: Strong rebound but uneven performance across sector

Defense Minister doubts Fast Track completion by 2083, Army Chief vows to finish on time

Defense Minister doubts Fast Track completion by 2083, Army Chief vows to finish on time

Nepal increases seats for MBBS and BDS programs

Nepal increases seats for MBBS and BDS programs

DG Dahal transferred amid firm stand on MRP enforcement

DG Dahal transferred amid firm stand on MRP enforcement

MCA-Nepal re-energized as $154 million power transmission line contracts signed

MCA-Nepal re-energized as $154 million power transmission line contracts signed

Nepal brings India-bound migrant workers under labour migration policy for first time, Experts warn of tough implementation challenges

Nepal brings India-bound migrant workers under labour migration policy for first time, Experts warn of tough implementation challenges

Govt tightens rules: Public officials must submit asset declarations before assuming office

Govt tightens rules: Public officials must submit asset declarations before assuming office

Shivam Cement’s Profit Surges 205.83% on Lower Costs, Reserves Near Rs 4 Billion

Shivam Cement’s Profit Surges 205.83% on Lower Costs, Reserves Near Rs 4 Billion

Prabhu Bank’s net profit soars 965%, distributable profit tops Rs 1 billion

Prabhu Bank’s net profit soars 965%, distributable profit tops Rs 1 billion

Man hospitalized after following ChatGPT diet advice involving toxic compound

Man hospitalized after following ChatGPT diet advice involving toxic compound

China officially ushers in 6G era, targeting global technological leadership

China officially ushers in 6G era, targeting global technological leadership

Mountain Energy Nepal Posts Rs 629 Million Net Profit, Revenue Surges to Rs 13 Billion

Mountain Energy Nepal Posts Rs 629 Million Net Profit, Revenue Surges to Rs 13 Billion

Ncell Foundation, ICOM Nepal launch research-based journal ‘The Museum’

Ncell Foundation, ICOM Nepal launch research-based journal ‘The Museum’

Global IME Bank posts Rs 6.20 billion net profit, dividend capacity at 14.11pc

Global IME Bank posts Rs 6.20 billion net profit, dividend capacity at 14.11pc

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