STL Declares First Cash Dividend, Completes Rs914m Rights Issue
Supernet Technologies Limited (STL) reported a consolidated profit after tax of PKR 467 million for FY2026, a sharp rise from PKR 78 million in restated FY2025. Earnings per share increased to PKR 4.03 from PKR 1.39, while consolidated revenue grew to PKR 8,080 million compared with PKR 4,891 million in the previous year. The FY2025 figures were restated to reflect the merger effective January 1, 2025, and are not directly comparable with FY2026.
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The company’s strong performance was driven by successful integration of operations post‑merger, improved operational efficiency, and cost optimization. Gross profit rose to PKR 1,940 million from PKR 894 million, with gross margin improving to 24% from 18.28%. Operating profit reached PKR 841 million, supported by enhanced efficiencies and the benefits of a consolidated operating platform. STL also announced its first-ever post‑merger cash dividend of PKR 0.25 per share, reflecting its strengthened financial position and commitment to shareholder value.
On a standalone basis, STL posted revenue of PKR 5,730 million compared with PKR 3,602 million in FY2025, while profit after tax stood at PKR 288 million versus a loss of PKR 83 million previously. The company also successfully completed a Rs914.77 million Rights Issue, further boosting financial capacity to support working capital and expansion projects. Looking ahead, STL aims to maintain operational excellence and innovation despite challenging economic conditions, reinforcing its position in Pakistan’s telecommunications and technology sectors.
