Karachi: Systems Limited has announced its financial results for the six-month period ending June 30, 2026, revealing a strong performance in revenue growth despite challenges posed by exchange losses. According to the data released on August 27, 2026, the company's consolidated revenue rose by 35.3% year over year, reaching Rs. 49.72 billion from Rs. 36.74 billion in the same period last year.
The company, a prominent player in the designated market category, reported a gross profit increase of 36.6%, amounting to Rs. 12.69 billion up from Rs. 9.29 billion. Operating profit also experienced a robust rise, growing by 28.6% to Rs. 6.54 billion from Rs. 5.08 billion recorded in the previous year.
According to information available from the Pakistan Stock Exchange (PSX), the net profit, however, saw a relatively moderate increase of 17.4%, reaching Rs. 6.05 billion compared to Rs. 5.15 billion last year. This growth is attributed to an exchange loss in the current period, contrasting with the exchange gains recorded in the previous year. Despite a significant appreciation of the local currency, with the rupee strengthening from 283 per USD in June 2025 to 278 in June 2026, the company absorbed increased wage and fuel costs without benefiting from currency gains.
Basic and diluted earnings per share saw a rise of 12.2% and 11.2% respectively, indicating a steady improvement in shareholder returns. The company's strategic focus on organic and inorganic growth, efficiency enhancement, and optimization contributed to maintaining gross profit and operating profit margins in line with last year's performance.
In its unconsolidated financial results, Systems Limited reported a 19.2% increase in standalone revenue, totaling Rs. 25.90 billion, up from Rs. 21.72 billion in the corresponding period of the previous year. Gross profit saw a 9.0% increase, reaching Rs. 6.03 billion, while operating profit rose by 9.4% to Rs. 3.71 billion. However, the net profit exhibited a decline of 13.7%, falling to Rs. 3.46 billion from Rs. 4.01 billion, primarily due to an exchange loss of Rs. 140.25 million against a gain of Rs. 561.14 million in the previous year.
The company remains focused on cost optimization to improve margins, acknowledging the impact of offshore wage and fuel inflation on its financial performance. Overall, Systems Limited continues to demonstrate resilience and adaptability in the face of economic challenges, as reflected in its latest financial outcomes.