Supernet Limited's profit nearly doubles to Rs473m in FY25

October 6, 2025 (MLN): Supernet Limited (PSX: GEMSPNL) reported a profit after tax of Rs473.27 million for the year ended June 30, 2025, marking a strong 96.1% increase from Rs241.29m earned in FY24.

Earnings per share nearly doubled to Rs3.79 from Rs1.93 last year, showing the company's enhanced profitability and operational efficiency.

Net revenue advanced 9.0% year-on-year to Rs9.27 billion, driven by higher service volumes and improved market demand.

Meanwhile, the cost of services rose at a slower pace of 4.7% to Rs7.44bn, resulting in a 30.8% jump in gross profit to Rs1.83bn.

Consequently, the gross margin improved notably from 16.5% to 19.8% year-on-year, while the net profit margin strengthened from 2.8% to 5.1%.

Administrative and other expenses increased by 18.5% to Rs759.37m, while distribution costs rose 12.9% to Rs254.20m.

The company recorded an exchange gain of Rs26.10m compared to a loss of Rs44.95m in the previous year, providing a positive swing of Rs71.05m.

Other income slightly declined by 14.4% to Rs22.72m.

Operating profit surged 67.8% to Rs868.14m from Rs517.38m, demonstrating strong revenue growth despite higher operating expenses.

Finance costs eased 26.1% to Rs37.95m, providing significant relief to the bottom line.

Profit before taxation and levy climbed 78.1% to Rs830.20m, compared to Rs466.06m in FY24.

Levy charges decreased by 39.6% to Rs47.85m, while taxation expense more than doubled to Rs309.09m due to higher profitability.

This resulted in a net profit of Rs473.27m for the year, with Rs468.06m attributable to owners of the holding company and Rs5.21m to non-controlling interests.

Supernet Limited concluded FY25 with impressive earnings momentum, benefiting from improved margins, reduced finance costs, favorable exchange rate movements, and sustained revenue growth.

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