Pakistan Telecommunication Company Limited (PTCL), the leading provider of telecom and ICT services in Pakistan, has disclosed its financial results for the quarter ending March 31, 2024, during a Board of Directors meeting held in Islamabad.
PTCL has sustained its robust performance throughout Q1, 2024, achieving a revenue of Rs. 26 billion, marking a significant 13 percent increase compared to the previous year. This growth is primarily attributed to the expansion in the fixed-line and business solutions segments.
The company has recorded an operating profit of Rs. 3 billion, marking a substantial 32 percent rise compared to the same quarter of 2023. On a standalone basis, PTCL has reported a net profit of Rs. 431 million.
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