Supernet Technologies profit rises 33%

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MG News | October 07, 2025 at 10:02 AM GMT+05:00

October 07, 2025 (MLN): Supernet Technologies Limited (PSX: STL) reported a profit of Rs46.4m for FY25, up 33% from Rs34.9m in FY24, driven mainly by a sharp rise in other income despite the absence of revenue from operations during the year.

Other income rose multiple times to Rs 62.6m from Rs24.4m a year earlier.

Operating results turned negative with a loss of Rs16.2m, compared to a profit of Rs11.1m in FY24 due to  higher administrative expenses of Rs16.2m.

Profit before taxation stood at Rs 46.4m, up 33.1% Yoy, while earnings per share improved to Rs92.89 from Rs69.7, marking a 33% rise.

STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED JUNE 30, 2025 (Rs.000)

Description

FY25

FY24

change%

Revenue - net

-

55,570

Cost of services

-

(20,108)

Gross Profit

-

35,462

Administrative expenses

16,168

(20,156)

Selling expenses

-

(4,226)

Operating (Loss) / Profit

(16,168)

11,080

Other income and (expenses)

62,630

24,367

157.0%

Bank charges

(15)

(3)

400.0%

Profit before levies and taxation

46,448

35,445

31.0%

Levies

-

(556)

Profit / (Loss) before taxation

46,448

34,889

33.1%

Taxation

-

(40)

Profit / (Loss) after taxation

46,448

34,849

33.3%

Earnings / (Loss) per share - basic and diluted

92.89

69.7

33.3%

 

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