Karachi: Supernet Technologies Limited announced its financial results for the quarter ending March 31, 2026, revealing a significant increase in revenue alongside various financial challenges, as discussed in the company’s board meeting on April 30, 2026. The meeting, held both at the company’s registered office and via video conferencing, approved the third quarterly financial statements without recommending any cash dividends, bonus shares, or rights shares.
For the nine months ending March 31, 2026, Supernet Technologies reported a net revenue of 5.72 billion rupees, a notable increase from the 2.06 billion rupees recorded for the same period in 2025. This revenue growth indicates a very large or significant move of 177.63%. Despite the substantial revenue increase, the company faced challenges in controlling costs, as the cost of services rose to 4.34 billion rupees from 1.61 billion rupees, resulting in a gross profit of 1.38 billion rupees.
The company’s administrative and other expenses for the nine-month period amounted to 517.51 million rupees, while distribution costs were reported at 225.37 million rupees. An exchange gain of 3.54 million rupees was recorded, contrasting with the exchange loss of 7.61 million rupees reported in the previous year. Other income saw a significant decrease, falling to 13.73 million rupees from 135.37 million rupees in 2025.
Operating profit for the nine months reached 604.02 million rupees, a rise from 311.38 million rupees in the previous year. Finance costs decreased to 50.86 million rupees, resulting in a profit before taxation and levy of 553.16 million rupees. After accounting for a levy of 70.13 million rupees and taxation of 149.35 million rupees, the profit after taxation stood at 333.68 million rupees, up from 81.01 million rupees in 2025.
The earnings per share for the nine-month period increased to 2.89 rupees from 0.74 rupees in 2025. The total comprehensive income attributable to the owners of the holding company was 297.85 million rupees, with a non-controlling interest contribution of 22.68 million rupees.
Supernet Technologies’ asset base expanded to 6.16 billion rupees as of March 31, 2026, compared to 5.40 billion rupees on June 30, 2025. Current assets rose to 5.03 billion rupees, driven by increases in inventory and other receivables. However, cash and bank balances decreased to 111.44 million rupees from 226.85 million rupees in June 2025.
The company’s equity attributable to the owners of the holding company increased to 2.46 billion rupees, with total shareholders’ equity reaching 2.49 billion rupees. Current liabilities rose to 3.66 billion rupees, primarily due to an increase in trade and other payables.
According to information available from the Pakistan Stock Exchange (PSX), Supernet Technologies operates within the telecommunications and information technology sector. Despite the challenges evident in its financial statements, the company has managed to achieve significant revenue growth, reflecting its strategic initiatives and market position.