Supernet Technologies Q1 profit rises 5% to Rs131m
MG News | November 02, 2026 at 11:00 AM GMT+05:00
November 02, 2026 (MLN): Consolidated profit after taxation of Supernet Technologies Limited (PSX: STL) rose 4.81% year-on-year to Rs130.61m for the quarter ended September 30, 2026, compared with Rs124.61m in the same period last year.
Basic and diluted earnings per share (EPS) increased 1.37%
to Rs0.74 from Rs0.73 in the corresponding quarter last year.
The growth came from an 87.23% cut in finance costs, a
slight rise in gross profit and a lower levy. Higher administrative and
distribution costs, a decline in operating profit and a heavier tax charge
partly offset the gains.
Net revenue fell 4.56% to Rs1.79bn from Rs1.87bn. Cost of
revenue declined faster, by 6.84%, to Rs1.28bn from Rs1.38bn, which lifted
gross profit 1.72% to Rs507.40m from Rs498.83m.
Administrative and other expenses increased 20.85% to
Rs190.61m from Rs157.72m, while distribution costs rose 15.70% to Rs72.55m from
Rs62.70m.
The loss allowance for expected credit losses fell 20.32% to
Rs14.55m from Rs18.26m, and net other expenses declined 9.91% to Rs3.37m from
Rs3.75m. Total expenses grew 15.94% to Rs281.08m from Rs242.42m.
As a result, operating profit fell 11.74% to Rs226.32m from
Rs256.41m.
Finance costs plunged 87.23% to Rs5.38m from Rs42.13m,
providing significant relief.
Profit before taxation and levy grew 3.11% to Rs220.94m from
Rs214.29m. Levy fell 39.97% to Rs24.82m from Rs41.35m, taking profit before
taxation up 13.41% to Rs196.12m from Rs172.94m.
Taxation rose 35.56% to Rs65.51m from Rs48.33m, which
absorbed part of the gains and left profit after taxation at Rs130.61m.
|
CONSOLIDATED STATEMENT
OF PROFIT OR LOSS FOR QUARTER ENDED SEPTEMBER 30, 2026 (Rs.000) |
|||
|
Description |
2026 |
2025 |
Change (%) |
|
Revenue - net |
1,788,611 |
1,874,104 |
-4.56% |
|
Cost of revenue |
(1,281,215) |
(1,375,270) |
-6.84% |
|
Gross profit |
507,396 |
498,834 |
1.72% |
|
Administrative &
other expenses |
(190,608) |
(157,718) |
20.85% |
|
Distribution costs |
(72,549) |
(62,704) |
15.70% |
|
Loss allowance for ECLs |
(14,545) |
(18,255) |
-20.32% |
|
Other income and
expenses - net |
(3,374) |
(3,745) |
-9.91% |
|
(281,076) |
(242,422) |
15.94% |
|
|
Operating profit |
226,320 |
256,412 |
-11.74% |
|
Finance costs |
(5,379) |
(42,127) |
-87.23% |
|
Profit before taxation
and levy |
220,941 |
214,285 |
3.11% |
|
Levy |
(24,820) |
(41,348) |
-39.97% |
|
Profit before taxation |
196,121 |
172,937 |
13.41% |
|
Taxation |
(65,513) |
(48,328) |
35.56% |
|
Profit after taxation |
130,608 |
124,609 |
4.81% |
|
Earnings per share -
basic and diluted (Rs.) |
0.74 |
0.73 |
1.37% |
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 165,858.85 94.45M | -0.33% -550.41 |
| ALLSHR | 100,216.14 217.99M | -0.49% -491.63 |
| KSE30 | 48,720.93 20.09M | -0.62% -305.72 |
| KMI30 | 236,728.60 23.46M | -0.52% -1243.15 |
| KMIALLSHR | 64,666.38 133.81M | -0.55% -357.60 |
| BKTi | 45,525.38 5.70M | -0.91% -418.86 |
| OGTi | 33,509.06 2.25M | -0.41% -139.52 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 78,390.00 | 79,040.00 76,820.00 | 1420.00 1.84% |
| BRENT CRUDE | 110.07 | 112.41 109.40 | -3.36 -2.96% |
| RICHARDS BAY COAL MONTHLY | 134.00 | 0.00 0.00 | 0.75 0.56% |
| ROTTERDAM COAL MONTHLY | 148.05 | 0.00 0.00 | 0.30 0.20% |
| USD RBD PALM OLEIN | 1,182.50 | 1,182.50 1,182.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 100.71 | 102.75 100.15 | -3.41 -3.28% |
| SUGAR #11 WORLD | 19.37 | 0.00 0.00 | 0.01 0.05% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|