SLAMABAD (APP) - Pakistan Telecommunication Company Limited (PTCL Group) has posted a net profit of Rs3.1 billion for the first quarter of the current year, marking a strong turnaround from a Rs 4 billion loss in the same period last year, driven by robust operational performance and the consolidation of Telenor Pakistan into its financial results.
Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and Islamabad Capital Territory services provider, has announced its consolidated financial results for the quarter ended March 31.
PTCL Group sustained strong growth momentum, further strengthening its position as Pakistan’s leading integrated telecom and ICT services provider.
During the period, Pakistan Telecommunication Authority (PTA) has formally approved the proposed amalgamation of Pak Telecom Mobile Limited and Telenor Pakistan (Private) Limited.
The proposed amalgamation should be implemented through a scheme of arrangement in accordance with applicable laws.
The change of control of Telenor Pakistan was formally completed on December 31, 2025, bringing Telenor Pakistan and its infrastructure under PTCL’s full ownership. Building on this, PTCL progressed integration planning during Q1 2026.
This consolidation was set to create a stronger, more efficient telecom platform with enhanced nationwide coverage, improved service quality, and a significantly expanded customer base, positioning PTCL as one of the leading players in Pakistan’s evolving digital and connectivity landscape.
Effective 1st January 2026, financial results of Telenor Pakistan have been consolidated in PTCL Group.
PTCL Group’ consolidated revenue increased by 58% year-on-year, with the inclusion of Telenor Pakistan results into the PTCL Group and aided by sustained growth in fixed broadband, enterprise, wholesale, and mobile services.
Consolidated operating profit surged by 564 percent with the inclusion of Telenor Pakistan, strong recovery of Ubank, sustained improvement of Ufone financial performance and continuation of PTCL’s strong operating results.
The Group achieved a net profit of Rs3.1 billion, marking a turnaround from the net loss of Rs4 billion reported in the comparative period primarily as a result of strong operating profit.