For Systems, faster growth from foreign clients in first quarter of 2026

For Pakistan’s technology industry, the first quarter of 2026 contained two stories that should not have fitted comfortably together. One was geopolitical anxiety: tensions around the Gulf, questions about Pakistan’s relationship with the United Arab Emirates, and concern that Pakistani professionals and companies could find it harder to operate in one of their most important overseas markets. The other was Systems Ltd’s quarterly earnings report, which showed the Middle East continuing to do what it has done for years for Pakistan’s largest listed technology company: deliver growth.

Systems, the Lahore-headquartered software, digital transformation and business-process services company, reported consolidated profit after tax of Rs3.03 billion for the quarter ended March 31, 2026, up 21% from Rs2.50 billion in the same period last year. Earnings per share rose to Rs2.05 from Rs1.71. Revenue grew faster than profit, rising 33% year-on-year to Rs23.98 billion from Rs18.08 billion.