Islamabad: Pakistan Telecommunication Company Limited (PTCL) has announced its financial results for the first half of 2025, showcasing a robust performance with a notable 16% increase in revenue, despite facing financial challenges due to one-off adjustments. According to the financial statements released on August 29, 2025, the PTCL Group’s total revenue reached Rs 124.60 billion, reflecting its continued dominance as Pakistan’s leading integrated telecom service provider.
The revenue growth was primarily driven by significant performances across key segments, including fixed broadband, mobile data, business solutions, and microfinance. PTCL’s flagship FTTH service, ‘Flash Fiber,’ witnessed a 62% increase in revenue, contributing significantly to the Group’s topline growth. Additionally, PTML (Ufone) reported a 17% rise in revenue, while Ubank achieved a 25% increase compared to the previous year.
Despite the revenue surge, the PTCL Group reported a net loss of Rs 9.90 billion. This was attributed to one-off adjustments, including the recording of an additional pension liability as mandated by the Supreme Court of Pakistan. The liability pertains to former civil servants transitioned from the Telegraph & Telephone Department to the Corporation and subsequently to PTCL. The management emphasized that the liability involves differential pension payments aligned with standards for similarly positioned public servants.
According to information available from the Pakistan Stock Exchange (PSX), PTCL’s operating profit grew by 38%, reaching Rs 7.90 billion. Ufone also recorded a strong operating profit of Rs 7.60 billion. However, Ubank’s bottom line remained under pressure due to accelerated Expected Credit Loss (ECL) against its unsecured portfolio.
PTCL’s Enterprise Business experienced a 14% revenue increase, while the Carrier and Wholesale segment maintained its growth with an 18% rise. The International segment’s revenue also rose by 10%. PTCL’s expansion of its FTTH footprint and strategic partnerships for IP bandwidth and satellite-based connectivity were pivotal in achieving these results.
The PTCL Group continued its commitment to social impact through its ‘Dil Se’ platform, focusing on digital inclusion, compassion, and innovation. Initiatives included the ‘Ba-Ikhtiar’ program, which empowered women entrepreneurs, and the Clean Water Project, expanding its reach to provide sustainable solutions to 200,000 individuals in Thar.
As of June 30, 2025, PTCL’s financial position reflected equity and liabilities totaling Rs 485.23 billion. The company’s management remains dedicated to enhancing shareholder value and providing quality services at competitive prices.