Supernet Technologies records nearly five-fold growth in PAT against restated FY25

Business Recorder reported that Supernet Technologies (STL) earned Rs467 million in consolidated profit after tax for the year to June 30, 2026, up from Rs78 million in restated FY2025. Earnings per share climbed to Rs4.03 from Rs1.39, while consolidated revenue reached Rs8,080 million compared with Rs4,891 million a year earlier.

The company said the FY2025 comparatives were restated to reflect a merger effective January 1, 2025, with SNL's operations included from that date, so the reported growth should not be treated as like-for-like. Gross profit reached Rs1,940 million, up from Rs894 million, and gross margin widened to 24% from 18.28%. Operating profit came in at Rs841 million, with operating margin improving to 10.41% from 9.68%.

For FY2026, the board recommended a cash payout of Re0.25 per share, the company's first since the merger, which it tied to a firmer financial position. After the year end, STL finished its Rs914.77 million rights issue, priced at Rs10 per share, and raised the entire targeted sum. Management described the business environment as challenging, pointing to prevailing economic conditions, competition and uncertainty across telecommunications and technology.