Kathmandu, Feb. 16 -- Political instability under a weakened interim government, policy and regulatory delays, the impact of India's revised Goods and Services Tax (GST), outward migration of youth and the depreciation of the Nepali rupee against the US dollar have dented the profits of multinational companies operating in Nepal.

Unilever Nepal, the country's largest fast-moving consumer goods manufacturer, reported a 10 percent quarter-on-quarter drop in net profit to Rs431 million, according to its latest financial statement. The company's total income also fell 8.23 percent in the second quarter of the current fiscal year.

In its quarterly review, Unilever Nepal said that despite strong performance in November and December 2025, the ...