Karachi: Telecard Limited, a key player in the technology sector, has reported a decrease in both revenue and profitability for the financial period ending March 31, 2025. The company's financial statements reveal a topline revenue of Rs. 7.96 billion on a consolidated basis, slightly down from Rs. 7.97 billion during the previous corresponding period. The Gross Profit (G.P) also saw a decline, standing at Rs. 1.77 billion compared to Rs. 1.86 billion in the same period last year. This reduction in G.P has been attributed to the increasing cost of doing business.

The company's profit before tax amounted to Rs. 611 million, a decrease from the Rs. 737 million reported in the previous period. The Earnings per Share (EPS) also saw a decline, recorded at Rs. 0.63, down from Rs. 0.88 during the corresponding financial period.

On a standalone basis, Telecard Limited's revenue for the period stood at Rs. 1.52 billion, reflecting a 16% decrease from the Rs. 1.80 billion recorded earlier. This decline resulted in a reduction of Gross Profit to Rs. 459 million, down from Rs. 612 million. Despite lower administrative and distribution costs, the company reported a profit after tax of Rs. 72 million, a significant drop from Rs. 225 million in the previous comparable period. The standalone EPS was recorded at Rs. 0.21, a decrease from Rs. 0.67.

According to information available from the Pakistan Stock Exchange (PSX), Telecard Limited is strategically positioned to leverage its experienced workforce and established presence in the enterprise segment. The company aims to capitalize on opportunities within the technology sector to drive revenue growth, enhance profitability, and diversify its income streams.

The Board of Directors has expressed appreciation for the dedication and efforts of the Telecard Limited team in achieving positive business results in the quarterly financials. They have also extended their best wishes for the upcoming period.