News

GP posts Tk2,171cr profit in first nine months of 2026
27 Oct 2026
Source: The Business Standard

Grameenphone Ltd (GP) reported a net profit of Tk2,171 crore in the first nine months of 2026, down from Tk2,264 crore in the same period last year, as revenue also declined.

According to the unaudited financial statements approved at a board meeting today (26 October), the telecom operator's revenue fell to Tk11,766.23 crore in January-September from Tk11,947.84 crore a year earlier.

In the third quarter (July-September), GP posted revenue of Tk4,016 crore and net profit of Tk750.85 crore.

Earnings per share (EPS) for the first nine months stood at Tk16.08, compared with Tk16.77 in the corresponding period of 2025. Q3 EPS was Tk5.56.

Net asset value (NAV) per share stood at Tk36.57 as of 30 September, down from Tk36.72 a year earlier.

However, net operating cash flow per share (NOCFPS) rose to Tk42.09 in the first nine months from Tk38.55 in the same period last year, driven by higher net cash generated from operating activities.