Pak Datacom Limited has reported a net loss of Rs15.90 million for the financial year ended June 30, 2026, compared with a net profit of Rs152.95 million recorded in the previous financial year, reflecting a significant decline in its financial performance.

According to the company’s financial results submitted to the Pakistan Stock Exchange (PSX), revenue increased to Rs1.95 billion during FY2026, compared with Rs1.86 billion in FY2025. However, the increase in revenue was accompanied by a substantial rise in the cost of revenue, which reached Rs1.72 billion against Rs1.48 billion in the preceding year.

As a result, the company recorded a gross loss of Rs230.99 million, compared with a gross loss of Rs375.58 million in FY2025. Despite the improvement in gross loss, higher operating expenses and other financial pressures affected the overall results.

Administrative expenses declined to Rs231 million from Rs375.48 million in the previous year. Meanwhile, marketing expenses increased to Rs227.99 million compared with Rs206.55 million in FY2025.

The company also reported finance costs of Rs22.86 million, up from Rs14.19 million a year earlier. Other income declined significantly to Rs82.68 million compared with Rs110.44 million in the previous financial year.

Consequently, Pak Datacom posted a loss before levy and taxation of Rs19.94 million, compared with a profit of Rs240.65 million in FY2025. After accounting for levy and taxation, the company’s net loss stood at Rs15.90 million, translating into a loss per share of Rs1.34 against earnings per share of Rs12.90 in the previous year.

Financial Position

The company’s total assets stood at Rs2.01 billion as of June 30, 2026, compared with Rs2.10 billion at the end of FY2025. Total equity and liabilities also declined to Rs2.01 billion from Rs2.10 billion.

Unappropriated profits decreased to Rs577.11 million from Rs673.67 million in the preceding year, reflecting the impact of the annual loss and dividend distribution.

The cash flow statement showed that net cash used in operating activities amounted to Rs33.80 million during FY2026, compared with Rs206.88 million in FY2025. Net cash generated from investing activities reached Rs16.65 million, while financing activities resulted in a net cash outflow of Rs117.26 million.

Cash and cash equivalents at the end of the financial year stood at approximately Rs369.75 million, compared with Rs511.36 million a year earlier.

No Dividend Announced for FY2026

The company’s Board of Directors, in its meeting held on November 4, 2026, recommended no final cash dividend for the year ended June 30, 2026. No interim dividend was paid during the year.

The board also did not recommend any bonus shares or right shares for shareholders.

Annual General Meeting Scheduled for November 27

Pak Datacom has scheduled its Annual General Meeting (AGM) for November 27, 2026, at 9:30 am at Telecom Foundation, TF Complex, G-9/4, Islamabad.

The company’s share transfer books will remain closed from November 20 to November 27, 2026, both days inclusive. The book closure arrangements have been communicated to shareholders through the company’s notice submitted to the Pakistan Stock Exchange.

The company stated that its annual report and financial statements would be transmitted through PUCARS at least 21 days before the AGM and uploaded to its official website.

The FY2026 results highlight a challenging year for Pak Datacom, as higher revenue was insufficient to offset the impact of increased operating costs and other expenses, resulting in a reversal from profitability to a net loss.