Karachi: The 40th Annual Report of Zuma Resources Limited reveals a significant turnaround in financial performance for the fiscal year ending June 30, 2026. The report, presented at the Annual General Meeting on October 7, 2026, highlights the company's strategic focus on technology platforms as a key driver of growth.
The economic environment during the review period was characterized by inflationary pressures, exchange-rate volatility, and fluctuating interest rates. Despite these challenges, the demand for digital connectivity and technology-enabled services in Pakistan has provided a substantial market opportunity. Zuma has capitalized on this by concentrating on telecom and digital connectivity, artificial intelligence, and scalable technology-led services.
The financial results for the year underscore the strides made by Zuma in expanding its technology operations. The company reported revenue of Rs. 171.38 million and a net profit of Rs. 151.45 million, a stark contrast to the net loss of Rs. 2.44 million recorded in the previous fiscal year. This financial performance positions Zuma for future growth, contingent on successful execution and market conditions.
According to information available from the Pakistan Stock Exchange (PSX), Zuma's earnings per share, adjusted retrospectively for a 1:5 share split, was Rs. 2.15, compared to a loss of Rs. 0.03 in the prior year. The financial turnaround is attributed to a combination of factors, including a significant increase in gross profit and effective management of administrative and operating expenses.
The Directors of Zuma view this positive financial performance as a foundation for the company's next phase of growth, while acknowledging that future success will rely on the commercialization of planned initiatives. The company aims to leverage its diversified technology platform to further penetrate the expanding market for digital services in Pakistan.