In a recent press release, Pakistan Telecommunication Company Limited (PTCL), the largest Information Communication Technology (ICT) services provider in Pakistan, has declared financial results for the first nine months of FY 2015.
PTCL announced revenues of Rs. 58.1 billion for the period ended September 30, 2015 while gross and net profit of the Company stood at Rs. 17.8 billion and Rs. 7.9 billion respectively.
PTCL group earned revenues of Rs. 90.1 billion, while gross and net profit of the group stood at Rs. 24.4 billion and Rs. 2.8 billion respectively.
PTCL cash flows remained stable owing to the strong market position backed by the Company’s innovative services and focus on high speed broadband portfolio as well as effective cost optimization measures in place.