KARACHI: WorldCall Telecom Limited reported a narrower net loss for the first quarter ended March 31, 2026, supported by strong revenue growth and a significant improvement in operating performance, according to the company’s financial results submitted to the Pakistan Stock Exchange (PSX).
The telecom operator posted a net loss after tax of Rs147.5 million for the quarter, an improvement of nearly 45% compared to the Rs267.4 million loss recorded in the corresponding period last year. Consequently, the company’s loss per share improved to Rs0.03 from Rs0.05 a year earlier.
During the quarter, revenue increased to Rs1.446 billion, up from Rs1.204 billion in the same period of 2025, reflecting growth of approximately 20%. While direct operating costs also increased, the higher revenue enabled the company to substantially strengthen its core operating performance.
WorldCall’s EBITDA (profit before interest, taxation, depreciation and amortization) surged to Rs132.3 million, compared with Rs23.4 million in the first quarter of the previous year. The improvement highlights stronger operational efficiency despite continued pressure from depreciation and finance costs.
Finance costs remained significant at Rs100.4 million, while depreciation and amortization expenses totaled Rs161.3 million, continuing to weigh on the company’s bottom line. The company also incurred minimum tax of Rs18.1 million, resulting in the quarterly net loss.
On the balance sheet, total assets stood at Rs14.36 billion as of March 31, 2026, compared with Rs14.42 billion at the end of December 2025. Accumulated losses increased slightly to Rs19.11 billion, reflecting the continued quarterly loss.
The company’s cash flow from operating activities showed a notable turnaround, generating Rs121.1 million in net operating cash during the quarter versus a cash outflow in the corresponding period last year. Cash and bank balances closed the quarter at Rs17.9 million.
The Board of Directors did not recommend any cash dividend, bonus shares, right shares, or any other corporate action for the period ended March 31, 2026.
