Karachi: Supernet Technologies Limited (STL) has announced the successful completion of its merger with Supernet Limited (SNL), following the approval of the Honourable High Court of Sindh at Karachi. The merger, effective from January 1, 2025, consolidates all assets, liabilities, and obligations of SNL into STL, marking a significant milestone for the company as it positions itself for future growth.
On May 4, 2026, the Board of Directors of Supernet Technologies Limited presented the financial statements for the nine-month period ending March 31, 2026. The merger with SNL has resulted in STL operating as a single, main-board listed entity on the Pakistan Stock Exchange (PSX) under the trading symbol ‘STL’. According to information available from the Pakistan Stock Exchange (PSX), this strategic move is expected to enhance efficiency and consolidate revenue generation under the unified STL brand.
Financially, STL reported a consolidated topline revenue of Rs. 5.72 billion for the nine months ending March 31, 2026. This resulted in a Gross Profit of Rs. 1.38 billion, with a Profit after Tax of Rs. 333.67 million and Earnings per Share (EPS) of Rs. 2.89. On a standalone basis, STL recorded revenues of Rs. 3.88 billion, a Gross Profit of Rs. 978.70 million, and a Profit after Tax of Rs. 187.65 million, resulting in an EPS of Rs. 1.74.
The financial statements reveal a total equity and liabilities standing at Rs. 6.16 billion as of March 31, 2026, up from Rs. 5.40 billion as of June 30, 2025. Shareholders’ equity, including non-controlling interest, increased to Rs. 2.49 billion from Rs. 2.17 billion. Current liabilities rose to Rs. 3.66 billion, primarily due to increased trade and other payables.
STL’s management remains optimistic about the company’s future, despite macroeconomic challenges and rising operational costs. The company aims to explore growth opportunities in cybersecurity and infrastructure solutions, areas with strong potential for profitability. This strategic focus is expected to strengthen STL’s revenue base and support sustainable long-term growth.
The Board of Directors acknowledged the dedication of the STL team in achieving positive quarterly financial results and expressed confidence in their ability to drive the company’s success in the coming quarters.