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PTCL Records Robust Performance in Q1 2016

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PTCL Records Robust Performance in Q1 2016

Pakistan Telecommunication Company Limited (PTCL) has announced its financial results for the quarter ended March 31, 2016 in its Board of Directors meeting held at Islamabad.

PTCL Records Robust Performance in Q1 2016

Also Read: PTCL Posts Net Profit of Rs 8.8 billion in FY 2015

PTCL Group earned Rs. 29.3 billion revenue during the quarter while PTCL’s revenues were Rs. 18.0 billion. Data revenues increased compared to the same period last year. The Company’s profitability remained stable despite competition. Net profit of the Company stood at Rs. 3.1 billion which was 27% higher compared to Rs. 2.5 billion of same period last year. Likewise, PTCL Group’s profitability also increased significantly.

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PTCL Group continues to invest into integrated solutions, delivering exceptional quality on the back of its proficient Data services. The Company is focused on creating more value for its customers and is refining its increasingly efficient and widespread network. PTCL’s sustained efforts in developing a next generation ICT infrastructure have translated into greater benefits for both its customers and shareholders.

Also Read: PTCL Anounces Q3 2015 Financial Results