Supernet Technologies profit surges to Rs467m in FY2026

September 24, 2026 (MLN): Supernet Technologies Limited (PSX: STL) has reported consolidated profit after tax of Rs467m for the year ended June 30, 2026, compared with Rs78m in restated FY2025, while earnings per share increased to Rs4.03 from Rs1.39. Consolidated revenue stood at Rs8.08 billion, compared with Rs4.89bn in the previous year.

The FY2025 comparatives are restated to show the merger effective from January 1, 2025 and include SNL’s operations from that date. They are not directly comparable with the full-year FY2026 results; the reported growth should therefore not be read as like-for-like organic growth.

Supernet Group delivered a strong FY2026 performance, with the Company benefiting from the successful integration of its expanded operations following the merger of Supernet Limited into Supernet Technologies Limited, together with continued focus on operational efficiency, cost optimization and strengthening of its core telecommunications and technology businesses.

Gross profit increased to Rs1.94bn from Rs894m in restated FY2025, while gross margin stood at 24.00% compared with 18.28% in the previous year.

Operating profit rose to Rs841m, with operating margin strengthening to 10.41% from 9.68%, reflecting improved operational efficiencies, effective cost management and the benefits arising from Supernet Group’s integrated operating platform.

In a significant milestone, the Board has recommended STL’s first-ever post-merger cash dividend of Rs0.25 per share for FY2026, following the Company’s strengthened financial position post-merger.

The proposed dividend reflects STL’s improved earnings and continued commitment to sustainable growth and shareholder value.

Supernet Group continued to strengthen its market position during the year, with sustained focus on its telecommunications infrastructure, connectivity, enterprise solutions and technology-related businesses.

The successful completion of the merger of Supernet Limited with Supernet Technologies Limited during the year further consolidated the Group’s operations under a single listed entity on the Main Board of the Pakistan Stock Exchange.

On a standalone basis, STL’s profitability strengthened significantly, with revenue increasing to Rs5.73bn from Rs3.60bn, while profit after tax stood at Rs288m compared with a loss after tax of Rs83m in restated FY2025.

Earnings per share stood at Rs2.68 compared with a loss per share of Rs1.55 in FY2025. The standalone performance shows the Company’s continued focus on operational efficiency, prudent financial management and strengthening of its core business operations.

The FY2026 results reflect a significant improvement in Supernet Group’s earnings profile, supported by the expanded and integrated operating platform following the merger and continued focus on sustainable growth, operational efficiency and value creation.

Subsequent to FY 2026, STL successfully completed its Rs914.77m Rights Issue at Rs10 per share, raising the entire targeted amount. Following the close of the subscription period, the unsubscribed portion was subsequently offered and allotted by the Board, enabling the Company to raise Rs914.77m in full.

The successful completion of the Rights Issue further strengthens STL’s financial capacity to meet its working capital requirements, support the execution of larger and increasingly working-capital-intensive projects, and pursue its growth and expansion initiatives.

Looking ahead, management said that the business environment remains challenging amid prevailing economic conditions, competitive pressures and uncertainties affecting the telecommunications and technology sectors.

Supernet Group will continue to focus on operational excellence, innovation, technology-led solutions, cost efficiencies and strategic business development to strengthen its competitive position and support sustainable growth.

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