Karachi: Pakistan Telecommunications Company Limited (PTCL) has disclosed its financial results for the year ending December 2025, revealing a complex landscape of gains and losses across various segments of its operations. The results, dated May 20, 2026, indicate both significant expansions and contractions in key areas of the company’s performance.

In the profit and loss account, PTCL reported a total revenue of 251.73 billion Pakistani Rupees, marking a 12% increase over the previous year. This rise in revenue was accompanied by a substantial 46% increase in gross profit, reaching 83.98 billion PKR. The operating profit also saw a notable uplift of 216%, amounting to 19.35 billion PKR.

In terms of specific segments, the Broadband & IPTV services observed a very large move with a 12% increase, contributing 55.21 billion PKR to the overall revenue. The Corporate & Wholesale segment also experienced a very large move, with a 19% increase to 46.08 billion PKR. Conversely, the Wireless Data segment suffered a very large decrease of 54%, declining to 487 million PKR.

According to information available from the Pakistan Stock Exchange (PSX), PTCL’s cost management reflected a slight improvement, with the cost of services edging down marginally. The finance costs decreased by 11%, leading to a reduction in the loss before tax to 14.81 billion PKR, a 29% improvement from the previous year. Meanwhile, the loss for the period narrowed by 32%, amounting to 9.75 billion PKR.

The balance sheet as of December 2025 illustrated a total asset growth to 647.14 billion PKR, a significant increase from the previous year’s 457.69 billion PKR. This was driven by substantial increases in long-term investments and loans. Non-current liabilities surged to 277.50 billion PKR, reflecting the company’s strategic investments and acquisitions.

Despite the challenging aspects of its financials, PTCL’s strategic areas such as the Retail and International segments showed positive growth trends with increases of 8% and 3%, respectively. However, the Voice Services segment declined by 8%, aligning with global trends in telecommunications.

The company’s equity expanded to 127.10 billion PKR, supported by an increase in reserves, indicating a strengthening of its financial position despite the reported losses. The telecommunications giant continues to navigate a rapidly changing sector, balancing its growth initiatives with fiscal prudence.