KARACHI – Pakistan Telecommunication Company Limited (PSX: PTC) has announced its financial results for the nine months ended September 30, 2025, reporting a loss after tax of Rs. 1.22 billion. This marks a stark reversal from the profit of Rs. 1.00 billion recorded in the same period last year.
The loss per share for the period stood at Rs. 0.24, compared to earnings per share of Rs. 0.20 in 9MFY24.
The negative bottom line was primarily driven by a one-time, non-cash charge. Despite strong operational performance, a past service cost for pension amounting to Rs. 5.89 billion severely impacted profitability.
The company’s core operations showed significant improvement. Revenue increased by 12.65% to Rs. 89.60 billion, and with the cost of services rising at a slower pace, gross profit surged by 30.33% to Rs. 26.21 billion.
Performance Highlights (Rs. in billion)
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Revenue:Â 89.60 (9MFY24: 79.54) |Â +12.65%
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Gross Profit:Â 26.21 (9MFY24: 20.11) |Â +30.33%
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Operating Profit:Â 12.91 (9MFY24: 8.24) |Â +56.70%
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Profit/(Loss) After Tax:Â (1.22) (9MFY24: 1.00) |Â -221.7%
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Earnings/(Loss) Per Share (EPS):Â Rs. -0.24 (9MFY24: Rs. 0.20) |Â -220.0%
The robust growth in gross profit fed into a 56.70% jump in operating profit, which reached Rs. 12.91 billion. The company also managed to reduce its finance and other costs by 13.39%.
However, these operational gains were completely offset by the massive pension charge and a 26.33% decline in other income. This turned a potential profit before tax into a loss before tax of Rs. 197.64 million.
After accounting for a taxation expense of Rs. 1.02 billion, the net loss for the period was Rs. 1.22 billion. The results highlight a period of strong underlying business growth overshadowed by a significant legacy financial obligation.
