PTCL Records Robust Performance In Q1 2016
Islamabad, April 14, 2016: Pakistan Telecommunication Company Limited (PTCL) has announced today its financial results for the quarter ended March 31, 2016 in its Board of Directors meeting held at Islamabad.PTCL Group earned Rs. 29.3 billion revenue during the quarter whereas PTCL’s revenues were Rs. 18.0billion. 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. 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.