Karachi: Systems Limited has reported a robust financial performance for the first quarter of 2026, with significant growth in its consolidated and standalone results despite facing challenges like exchange losses and inflationary pressures. According to the consolidated financial statements released by the company, revenue for the quarter ending March 31, 2026, rose by 32.6% year-over-year, reaching Rs. 23,977.59 million, up from Rs. 18,079.55 million in the previous year.
The company’s consolidated gross profit and operating profit saw increases of 32.7% and 26.3%, respectively, compared to the same period last year. Net profit for the quarter rose by 20.9%, reaching Rs. 3,025.71 million, despite adverse impacts from exchange rate fluctuations and increased costs from annual wage adjustments and fuel price inflation. The director’s report noted that the company maintained its margins consistent with the previous year through strong organic and inorganic growth, efficiency improvements, and overall optimization strategies.
According to information available from the Pakistan Stock Exchange (PSX), the company’s basic and diluted earnings per share climbed by 20.3% and 15.5%, respectively. The inclusion of Confiz Limited and its group companies in the consolidated figures underscores Systems Limited’s strategic expansion efforts.
On an unconsolidated basis, Systems Limited’s revenue for the three-month period increased by 15.5%, amounting to Rs. 12,585.02 million, up from Rs. 10,898.70 million in the same quarter the previous year. Gross profit and operating profit rose by 14.0% and 12.5%, respectively, as the company mitigated the impacts of offshore wage and fuel inflation through cost optimization and efficiency gains.
Despite these challenges, the company’s unconsolidated net profit experienced a minor move, rising by 1.3% to Rs. 2,032.41 million, compared to Rs. 2,006.54 million in the previous year. The basic earnings per share on a standalone basis also saw a slight increase of 0.7%, demonstrating the company’s resilience in maintaining profitability amidst external economic pressures.
These results reflect Systems Limited’s ability to navigate a challenging economic environment, leveraging strategic growth initiatives and operational efficiencies to sustain its financial momentum. The company’s performance in the technology sector continues to be closely watched by market analysts and investors, as it adapts to dynamic market conditions while pursuing growth opportunities.