Karachi: The Board of Directors of WorldCall Telecom Limited presented its half-yearly financial results for the period ending June 30, 2026, reporting a loss after tax of Rs 337 million. Despite this, the company showed a significant improvement in its revenue figures compared to the same period last year.
The company's net revenue increased to Rs 3,090 million from Rs 2,781 million in the first half of 2025, indicating a noteworthy expansion in its financial performance. This positive trend in revenue was attributed to enhanced broadband adoption and digital payments within Pakistan's telecom and digital sector. The increase in direct costs, which rose to Rs 2,722 million from Rs 2,513 million, was in line with the revenue growth, reflecting the company's ongoing investments in infrastructure and services.
According to information available from the Pakistan Stock Exchange (PSX), the company's earnings before interest, taxes, depreciation, and amortization (EBITDA) improved significantly to Rs 209 million from Rs 103 million, demonstrating operational efficiency. However, the depreciation and amortization costs, along with the finance costs, continued to weigh heavily on the bottom line, leading to a substantial loss after tax.
WorldCall Telecom Limited, in its consolidated financial statements, also reported a combined loss per share of Rs (0.07), with the diluted loss per share recorded at Rs (0.04). The consolidated financials include results from its subsidiaries, Route 1 Digital (Private) Limited and GlobalTech Corporation LLC-FZ.
The company's future outlook remains cautiously optimistic, with initiatives such as the Giggle Academy aimed at bridging the digital divide in underserved communities. This corporate social responsibility initiative, launched in partnership with WMG, utilizes WorldCall's high-speed FTTH network to provide free access to modern learning tools and digital content.
Additionally, WorldCall has embarked on a project to deploy 200,000 broadband connections across 20 cities in Pakistan, leveraging its existing fiber optic metro networks. The company is also focusing on the development of its CADNZ product, a customer relationship management solution tailored for the banking sector, and continues to engage clients for its technology transformation solutions.
Despite these efforts, the company faces challenges related to its accumulated losses, which stood at Rs 21,577.129 million as of June 30, 2026, and current liabilities exceeding current assets by Rs 8,400.276 million. These factors raise concerns about the company's ability to continue as a going concern, as highlighted in the independent auditor's review report.
Overall, WorldCall Telecom Limited's financial performance for the first half of 2026 reflects a complex interplay of revenue growth, operational challenges, and strategic initiatives aimed at positioning the company for future success in Pakistan's dynamic telecom sector.