ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) has reported a strong financial turnaround for the quarter ended June 30, 2026, returning to profitability on the back of higher revenue and robust other income, according to its latest financial results.
For the three-month period, PTCL posted an unconsolidated net profit of Rs2.73 billion, compared with a loss of Rs4.44 billion in the corresponding quarter last year. Earnings per share (EPS) stood at Rs0.53, reversing a loss per share of Rs0.87 recorded a year earlier.
The company’s quarterly revenue increased to Rs32.24 billion, up from Rs29.31 billion in the same period of 2025. Gross profit also improved to Rs8.67 billion, reflecting steady operational performance despite higher operating expenses.
For the first six months of 2026, PTCL reported a net profit of Rs3.63 billion, compared with a loss of Rs3.26 billion during the corresponding period last year. Half-year revenue climbed to Rs63.75 billion from Rs58.91 billion, highlighting continued growth in the company’s core business. EPS for the six-month period improved to Rs0.71, compared with a loss per share of Rs0.64 in the previous year.
A major contributor to the improved performance was a significant increase in other income, which rose to Rs7.24 billion during the second quarter from Rs2.77 billion a year earlier. Meanwhile, finance and other costs increased to Rs8.16 billion, partially offsetting the gains from higher revenue and income.
Administrative expenses, selling and marketing costs, and impairment losses on trade debts also increased during the reporting period. However, the growth in revenue and other operating income enabled the company to deliver a positive bottom line.
On the consolidated level, which includes PTCL’s subsidiaries, the group reported a net profit of Rs1.60 billion for the second quarter, compared with a loss of Rs5.93 billion in the same period last year. Consolidated six-month profit reached Rs4.67 billion, reversing a loss of Rs9.90 billion recorded in the corresponding period of 2025.
The Board of Directors, in its meeting held on July 28, 2026, did not recommend any cash dividend, bonus shares, or right shares for shareholders for the quarter ended June 30, 2026.
PTCL’s latest results indicate a notable improvement in operational and financial performance, with higher revenues and stronger non-operating income helping the telecom operator return to profitability after losses in the previous year.
