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    PTCL Q1

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    nafeessaleem3

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    © All Rights Reserved
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    PTCL Q1

    Uploaded by

    nafeessaleem3
    4 views2 pages

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    PTCL_Q1

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    4 views2 pages

    PTCL Q1

    Uploaded by

    nafeessaleem3

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    © All Rights Reserved
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    of 2

    @ptcl ufone ~

    NO: ASECT/BOD/ACCTS/2024
    111
    Dated: J 8 April , 2024 FORM-7

    The General Manager,


    Pakistan Stock Exchange Ltd .
    Stock Exchange Building,
    Stock Exchange Road,
    KARACHI.

    st
    Subject: - Financial Results for the Quarter Ended 31 March, 2024

    Dear Sir,
    th
    We have to inform you that the Board of Directors of our Company in their meeting held on 18 April, 2024 at 10:00 hrs at
    PTCL Office, Islamabad recommended the following:

    (i) Cash Dividend: NIL (ii) Bonus Shares: NIL


    (iii) Right Shares: NIL (iv) Anv Other Entitlement: NIL
    (v) Any Other Price-Sensitive Information:
    The financial results of the Company are as follows:
    Quarter Ended
    st st
    1 January, 2024 to I January, 2023 to
    st st
    31 March, 2024 31 March, 2023

    (Rupees in thousand)
    25,923,846 22,946,952

    Cost of services (19,194,921 ) (17,25 4,700)

    Gross profit 6,728,925 5,692 ,252

    Administrative and general expenses (2,187,850) (1,984,655)


    Sell ing and marketing expenses (1,138,467) (1,010,435)
    Impairment loss on trade debts and contract assets (452,000) (464,832)
    (3,778,317) (3 ,459,922)

    Operating profit 2,950,608 2,232,330

    Other income 3,192,760 8,417,699


    Finance costs (5,535,981) (1 ,970 ,738)
    Profit before tax 607,387 8,679,291
    Provision for income tax (176,142) (3,206,903)
    Profit for the period 431,245 5,472,388

    Earnings per share- basic and diluted (Rupees) 0.08 1.07

    Contd ... on pa ge 2

    @ www.ptcl.com.pk
    9 PTCL Group Head Offi ce, Plot # 55-C,
    PTCL Group Tower, Main Jinnah Ave nue,
    Sector F-7 /1, Bl ue Area, Isla mabad
    @ptcl ufone ~

    The Conso lidated financial results are as follows:


    Quarter Ended
    st st
    ! January, 2024 to I January, 2023 to
    st st
    31 March, 2024 31 March, 2023

    (Rupees in thousand)

    Revenue 49,203,165 43 ,186,728


    Cost of services (40,845,706) (34,045 ,187)
    8,357,459 9, 141 ,541
    Gross profit
    Administrative and general expenses (6,778,760) (5 ,575,822)
    Selling and marketing expenses (2,623,398) (2 ,423 ,403)
    Impairment loss on trade debts and contract assets 370,402 (695 ,837)
    (9,031,756) (8,695 ,062)
    Operating profit (674,297) 446,479

    Other income 6,942,296 14,668 ,8 19


    Fi nance costs (13,542,819) (23,003 ,207)
    Loss before tax (7,274,820) (7,887,909)
    Income tax 2,485,113 2, 172,776
    Loss for the period (4,789,707) (5 ,715, 133)

    st
    The Quarterly Report of the Company for the period ended 3 1 March, 2024 wi ll be tran smitted through PUCARS separately,
    with in the specified time.

    Yours fait hfully,

    Zahida Awan
    Company Secretary
    Ph: 111333200 Ext-5376

    @ www.ptcl.com.p k
    9 PTC L Group Head Offi ce, Plot # 55-C,
    PTC L Group Tower, Main Jinn a h Ave nu e,
    Sector F-7 /1 , Blu e Area , Isla mabad

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