Karachi: WorldCall Telecom Limited has released its quarterly report for the period ending September 30, 2026, showcasing an improvement in its earnings before interest, taxes, depreciation, and amortization (EBITDA) despite ongoing financial losses. The company's board of directors presented the review report along with the condensed interim standalone and consolidated financial statements on October 28, 2026.
During the third quarter of 2026, Pakistan's economy experienced mixed results. Large-scale manufacturing witnessed a year-on-year growth of 3.03% in July, and workers' remittances surged by 14.7% to reach US$7.29 billion during July and August. However, inflation rose to 11.1% in August, leading the State Bank of Pakistan to maintain its policy rate at 11.5% in September. The government's GDP growth target for the fiscal year 2026-27 remained at 4.0%.
According to information available from the Pakistan Stock Exchange (PSX), WorldCall Telecom Limited's financial overview for the nine months ending September 30, 2026, indicates a loss after tax of Rs. 468 million, an improvement from the Rs. 676 million loss reported in the same period last year. EBITDA increased to Rs. 329 million from Rs. 228 million, driven by a rise in revenue, while finance costs decreased to Rs. 304 million due to lower markup rates. Depreciation and amortization expenses also declined as certain assets became fully depreciated.
The consolidated financial statements include the results of WorldCall Telecom Limited and its subsidiaries, Route 1 Digital (Private) Limited in Pakistan and GlobalTech Corporation LLC-FZ in the United Arab Emirates. GlobalTech Corporation LLC-FZ commenced its business operations during the third quarter of 2026, and its financial results have been incorporated into the consolidated statements.
Despite these improvements, the company's loss per share, both on a consolidated and standalone basis, stood at Rs. (0.09), with a diluted loss per share of Rs. (0.06). The financial results reflect the ongoing challenges faced by WorldCall Telecom Limited as it navigates the economic landscape and seeks growth opportunities in the telecom and digital services sectors.