Karachi: Systems Limited, in its financial report dated October 26, 2026, announced substantial gains in revenue for the nine months ending September 30, 2026. The information was shared as part of the company's consolidated condensed interim profit or loss account.
The company reported a net revenue from contracts of 76.49 billion rupees for the nine-month period, marking a significant move of 33.21% from the 57.42 billion rupees recorded during the same period in 2025. This growth was mirrored in the three-month period ending September 30, where net revenue rose to 26.78 billion rupees from 20.68 billion rupees, reflecting a big move of 29.51%.
According to information available from the Pakistan Stock Exchange (PSX), the cost of sales for the nine months amounted to 57.17 billion rupees, up from 41.91 billion rupees in the previous year. In the three-month period, the cost increased to 20.15 billion rupees from 14.46 billion rupees.
Systems Limited's gross profit for the nine months stood at 19.32 billion rupees, compared to 15.51 billion rupees during the same timeframe last year. The three-month gross profit rose to 6.63 billion rupees from 6.22 billion rupees.
The company incurred distribution expenses of 2.72 billion rupees and administrative expenses of 6.34 billion rupees over the nine-month period. Additionally, research and development expenses totaled 189.48 million rupees, while impairment losses were reported at 336.63 million rupees.
Operating profit was reported at 9.74 billion rupees for the nine months, with other income contributing an additional 934.08 million rupees. The finance cost for this period was 499.10 million rupees, a notable increase from the 246.01 million rupees in the prior year.
Profit before taxation and levy was 10.17 billion rupees, while profit before taxation was 9.64 billion rupees after accounting for a levy of 532.23 million rupees. Taxation amounted to 554.54 million rupees, leading to a profit after taxation of 9.08 billion rupees for the nine months.
Earnings per share were reported at 5.93 rupees basic and 5.88 rupees diluted for the nine-month period. In the three-month period, the basic earnings per share were 1.98 rupees, with diluted earnings per share at 1.96 rupees. The financial results highlight the company's robust performance and growth trajectory in the market.