Quantum Data Technologies Reports Lower Quarterly Loss of Rs11.48 Million for September 2026
Quantum Data Technologies Limited has announced its unaudited financial results for the first quarter ended September 30, 2026, reporting a significant reduction in its quarterly losses compared with the corresponding period last year.
According to the financial statements submitted to the Pakistan Stock Exchange (PSX), the company recorded a net loss of Rs11.48 million during the quarter, compared with a net loss of Rs28.15 million in the same quarter of the previous year. The improvement reflects a reduction of approximately 59% in the company’s quarterly losses.
The company reported revenue of Rs20.01 million during the quarter, while its cost of revenue stood at Rs5.80 million, resulting in a gross profit of Rs14.21 million. In comparison, the company had recorded a gross loss of Rs25.53 million in the corresponding quarter of 2025.
Administrative expenses amounted to Rs2.31 million, while finance costs were recorded at Rs2,320. Other operating expenses stood at approximately Rs23.19 million. Consequently, the company reported a loss before levies and taxation of Rs11.28 million. After accounting for levies, its loss before taxation reached Rs11.48 million.
The company’s loss per share also improved to Rs0.09, compared with a loss per share of Rs0.23 in the corresponding quarter last year.
Financial Position and Balance Sheet
The company’s total assets stood at approximately Rs1.99 billion as of September 30, 2026, compared with Rs1.997 billion at June 30, 2026.
Non-current assets amounted to Rs1.86 billion, primarily comprising property, plant and equipment valued at Rs1.83 billion. Current assets totalled Rs132.18 million, including trade debts of Rs90.34 million and cash and bank balances of Rs13.51 million.
On the liabilities side, trade and other payables stood at Rs396.59 million, while short-term borrowings amounted to Rs52.12 million, compared with Rs415.95 million at the end of June 2026.
The company’s accumulated losses increased to Rs1.265 billion. Meanwhile, loans from directors rose to Rs559.22 million during the quarter.
No Dividend Announced
The Board of Directors, in its meeting held on October 30, 2026, considered the company’s quarterly financial performance. The board did not recommend any cash dividend, bonus shares or right shares for the period.
The financial results were submitted to the Pakistan Stock Exchange in compliance with applicable disclosure requirements. The company’s first-quarter report for the period ended September 30, 2026, is to be transmitted through the prescribed reporting system.
Outlook
Quantum Data Technologies’ latest financial results show an improvement in its quarterly performance, particularly through its return to a positive gross profit and a substantial reduction in net losses compared with the same period last year.
However, the company continues to face challenges at the bottom line, as operating expenses remain significant relative to its revenue. Investors will be watching its ability to sustain revenue generation, manage expenses and improve overall financial performance in the coming quarters.
The company’s future performance will depend on its ability to strengthen its business operations and translate its improved gross profitability into sustainable earnings.
