Lahore: WorldCall Telecom Limited has released its financial results for the half-year and second quarter ending June 30, 2026, indicating a rise in revenue but ongoing financial challenges. The Board of Directors met on August 29, 2026, to discuss the company's financial performance, announcing no dividends or other shareholder benefits.
For the half-year ended June 30, 2026, WorldCall reported revenue of 3,090.01 million rupees, a 11.11% increase from the 2,780.85 million rupees recorded during the same period in 2025. The revenue for the quarter ended June 30, 2026, was 1,644.21 million rupees, compared to 1,577.12 million rupees in the previous year's quarter. Despite this increase, the company continues to face losses, reporting a loss after income tax of 337.36 million rupees for the half-year, an improvement from the 490.44 million rupees loss in the corresponding period last year.
The statement of financial position as of June 30, 2026, reflects a total equity and liabilities of 14,304.95 million rupees, slightly down from 14,418.20 million rupees on December 31, 2025. The accumulated loss has grown to 21,577.13 million rupees from 19,014.14 million rupees at the end of the previous year.
According to information available from the Pakistan Stock Exchange (PSX), the company's authorized share capital remains unchanged at 29,000.00 million rupees, while ordinary share capital increased to 15,720.09 million rupees from 14,124.13 million rupees. Preference share capital saw a decrease to 425.27 million rupees from 890.67 million rupees. The dividend on preference shares rose significantly to 1,516.34 million rupees from 320.33 million rupees.
In terms of liabilities, non-current liabilities stood at 3,397.72 million rupees, showing a minor decrease from 3,406.30 million rupees. Current liabilities increased to 11,619.25 million rupees from 11,382.84 million rupees, driven predominantly by trade and other payables.
The profit before interest, taxation, depreciation, and amortization for the half-year was 208.89 million rupees, a significant improvement over the 103.08 million rupees reported in the same period last year. However, the depreciation and amortization cost of 302.51 million rupees and a finance cost of 205.12 million rupees continue to weigh heavily on the company's profitability.
WorldCall Telecom's financial performance, while showing some signs of improvement in revenue and reduced losses, still highlights the challenges faced by the company in achieving profitability. The market will closely monitor the company's strategic plans and operational adjustments in the coming months to see if further progress can be made.