Pakistan Telecommunication Company Ltd (PTCL) Group announced its consolidated annual financial results for the year ending December 31, 2025, on Tuesday, continuing its trend of losses.
The group reported a net loss of Rs9.7 billion for the year 2025.
Ufone, the mobile segment of the group, experienced a revenue increase of 14% year-on-year, with its operating profit reaching Rs17.6 billion, which is a remarkable 283% increase compared to 2024.
However, PTCL still reported a net loss, although it was significantly reduced by 89%.
The primary factor contributing to the group’s loss was the accelerated expected credit loss (ECL) provisioning at Ubank, which followed revisions to the Prudential Regulations.
Ubank has enhanced its balance sheet by implementing IFRS 9, leading to higher impairment allowances for ECL in accordance with updated regulatory standards.
PTCL Group’s revenue loss
The PTCL Group’s consolidated revenue rose by 12% year-on-year, fueled by robust performance in fixed broadband, enterprise, wholesale, and mobile services.
The consolidated operating profit surged by 216% year-on-year, highlighting strong operational efficiency.
Revenue increased by 12%, driven by a 50% rise in Flash Fiber and a 16% increase in business solutions compared to the previous financial year.
The carrier and wholesale business has sustained its growth momentum with a 28% increase.
PTCL’s operating profit reached Rs18.2 billion, reflecting a 49% year-on-year increase, and the company reported a net profit of Rs1.4 billion.
This happened despite a one-off booking of an additional pension liability amounting to Rs6.9 billion as a result of the Supreme Court’s decision.
