Karachi: ITANZ Technologies Limited has unveiled its financial results for the fiscal year ending June 30, 2026, displaying a notable increase in both equity and profitability. The company announced its financial statement on July 28, 2026.

The total equity of ITANZ Technologies soared to 2.65 billion rupees, an impressive rise from 626.64 million rupees recorded in the previous fiscal year, marking a very large or significant move of 323.28%. This substantial growth in equity was primarily driven by a significant increase in retained earnings, which swelled to 2.39 billion rupees from 665.86 million rupees.

In terms of liabilities, the company reported non-current liabilities amounting to 1.77 billion rupees, a stark rise from 4.41 million rupees, largely due to long-term payables. Current liabilities also increased to 338.98 million rupees from 302.11 million rupees, reflecting a moderate move of 12.18%.

ITANZ Technologies' revenue from contracts with customers reached 758.20 million rupees, up from 441.52 million rupees, indicating a very large or significant move of 71.76%. The gross profit grew to 489.96 million rupees from 298.69 million rupees, contributing to an operating profit of 481.49 million rupees, compared to 281.29 million rupees a year earlier.

According to information available from the Pakistan Stock Exchange (PSX), the company's profit before levies and income taxes surged to 1.82 billion rupees from 272.22 million rupees, another very large or significant move. After accounting for levies and income taxes, the profit after income taxes stood at 1.75 billion rupees, a significant increase from 344.84 million rupees in the previous year.

Earnings per share reflected a minor move, with basic earnings per share at 15.88 rupees compared to 16.71 rupees last year, while diluted earnings per share rose to 15.88 rupees from 2.91 rupees, indicating a very large or significant move.

The company operates within the designated market category of technology, and its financial standing showcases a robust performance over the fiscal year.