Telecard Limited Posts Big Move in Half-Year Profits Amidst Revenue Decline

Karachi: Telecard Limited has reported its financial performance for the half-year ending December 31, 2025, revealing a nuanced picture of the company's fiscal health amidst a changing economic landscape. The Board of Directors convened on February 27, 2026, to approve the interim financial statements, highlighting significant developments for the company and its stakeholders.

For the half-year period, Telecard Limited reported a net profit of 224.96 million rupees, reflecting a big move with an increase from the 181.09 million rupees recorded in the same period the previous year. This rise in net profit was achieved despite a decline in revenue, which decreased from 5.41 billion rupees for the half-year ending December 2024 to 4.53 billion rupees for the same period in 2025. The company did not declare any cash dividends, bonus shares, or rights shares, maintaining its previous commitments.

According to information available from the Pakistan Stock Exchange (PSX), Telecard Limited's gross profit rose to 1.23 billion rupees for the half-year ending December 2025, up from 1.15 billion rupees in the prior year. This improvement in gross profit is noteworthy given the reduction in direct costs, which fell to 3.29 billion rupees from 4.26 billion rupees year-on-year. The earnings per share for the half-year stood at 0.30 rupees, compared to 0.35 rupees in the corresponding period of the previous year.

The company's total assets increased to 9.89 billion rupees as of December 31, 2025, up from 9.12 billion rupees as of June 30, 2025. Current assets saw a rise to 8.74 billion rupees from 7.98 billion rupees over the same period, driven by increases in communication stores, loans and advances, and other receivables.

On the liabilities front, current liabilities rose to 4.48 billion rupees from 3.83 billion rupees, mainly due to an increase in trade and other payables. Non-current liabilities, however, decreased to 315.76 million rupees from 414.06 million rupees, reflecting a reduction in long-term financing and lease liabilities.

The company's equity also saw an increase, with total equity rising to 5.10 billion rupees from 4.88 billion rupees, bolstered by an increase in accumulated profits and non-controlling interests. The company's commitment to maintaining its financial health is evident in these results, despite the challenges posed by a competitive market environment.

Telecard Limited's financial performance for the half-year ending December 31, 2025, underscores its resilience and adaptability in navigating fiscal challenges, setting a foundation for future growth and stability in the telecommunications sector.