Karachi, May 5, 2026 — Telecard Limited has announced its financial results for the nine-month period ended March 31, 2026, reporting a significant improvement in profitability despite a decline in revenue compared to the same period last year.
According to the company’s consolidated financial statements, net revenue stood at Rs7.04 billion, compared to Rs7.96 billion during the corresponding period in 2025. Despite the lower revenue base, Telecard successfully improved operational efficiency, resulting in a higher gross profit of Rs1.87 billion, up from Rs1.77 billion a year earlier.
The company recorded a consolidated profit after tax of Rs381.4 million, representing a growth of approximately 24% from Rs307.2 million reported in the same period last year. Earnings attributable to shareholders increased to Rs239.5 million, while earnings per share (EPS) improved to Rs0.71, compared with Rs0.63 in the corresponding period of FY2025.
Operating profit rose to Rs752.5 million, supported by better cost management and stronger gross margins. However, finance costs increased to Rs98.6 million, reflecting higher borrowing and financing expenses.
On the balance sheet side, Telecard’s total assets expanded to Rs10.09 billion as of March 31, 2026, compared with Rs9.36 billion at the end of June 2025. Shareholders’ equity strengthened to Rs5.51 billion, reflecting retained earnings growth during the period.
The company generated Rs77.7 million in net cash from operating activities, a notable improvement from the slight cash outflow reported in the corresponding period last year. Trade receivables and other receivables increased as the business expanded its customer and operational base.
The Board of Directors did not recommend any cash dividend, bonus shares, right shares, or other corporate actions for the period.
Management stated that the third-quarter financial statements have been approved by the Board and will be submitted through the Pakistan Unified Corporate Action Reporting System (PUCARS) in accordance with regulatory requirements.
The latest results indicate that Telecard continues to focus on profitability improvement, operational efficiency, and strengthening its financial position despite a challenging revenue environment.
