PTCL Group Swings to Profit of Rs4.67bn in H1 2026

PTCL Group Swings to Profit of Rs4.67bn in H1 2026

Pakistan Telecommunication Company Limited (PTCL) Group returned to profitability during the first half of 2026, posting a profit after tax of Rs4.67 billion, compared with a loss of Rs9.90 billion in the corresponding period last year, supported by strong revenue growth and improved operating performance.

According to the company’s consolidated financial results for the six months ended June 30, 2026, earnings per share (EPS) stood at Rs0.92, compared with a loss per share of Rs1.94 in the same period of 2025.

The group’s revenue surged 61.9% to Rs201.67 billion, up from Rs124.60 billion a year earlier, while gross profit rose to Rs71.88 billion from Rs40.78 billion.

Operating profit more than tripled to Rs32.00 billion, compared with Rs9.83 billion in the corresponding period last year, reflecting higher revenues despite an increase in operating expenses.

Finance costs and other expenses increased to Rs30.49 billion from Rs25.48 billion, while other income stood at Rs8.27 billion during the period.

For the second quarter alone, PTCL Group reported a profit after tax of Rs1.60 billion, reversing a loss of Rs5.93 billion recorded in the same quarter last year. Quarterly earnings per share came in at Rs0.31, compared with a loss per share of Rs1.16 a year earlier.

On an unconsolidated basis, PTCL posted a profit after tax of Rs3.63 billion for the first half of 2026, compared with a loss of Rs3.26 billion in the corresponding period of 2025. Standalone EPS improved to Rs0.71 from a loss per share of Rs0.64.

The latest results underscore a strong turnaround in PTCL Group’s financial performance, driven by robust topline growth and improved operating profitability despite higher finance costs.