Pakistan Telecommunication Company Limited (PTCL) today announced consolidated revenues of Rs. 100.5 billion for nine months period that ended on September 30, 2013.
The financial results for the period ended September 2013 were announced today at the Company’s Board of Directors (BoD) meeting held in Islamabad.
PTCL group posted a revenue growth of 16% with Net Profit amounting to Rs. 11.3 billion for the period under review, while Gross Profit stood at Rs. 35.98 billion.
PTCL’s revenue stood at Rs 60.7 billion and showed a significant increase of 31%, with Net Profit standing at Rs. 9.3 billion, while Gross Profit was recorded at Rs. 20.8 billion.
Walid Irshaid, President & CEO PTCL expressed his pleasure at this strong performance of the company adding that,
Our results reflect the strength of our business model and strong commitment of our team.
Our business decisions are geared towards adding value for our stakeholders while continuously seeking avenues for innovation in terms of our products and service offerings
PTCL is on a growth trajectory and our revenues are increasingly being driven from broadband services. We have been investing heavily to build broadband infrastructure over the last two years and this investment has started to bring dividends.
The company continues to increase its market share in both wireline and wireless broadband as well as specialized telecom solutions segments by introducing state-of-the-art products and unmatched affordable services.
PTCL is also steadily bringing ICT services to urban and rural areas of the country.
the result of monopoly control in broadband market… having trunk connection and country wide network is a bless for the company which saves billions as compared to others… now PTCL should felicitate its customers by upgrading infrastructure and increasing data limits so that true broadband would be enjoyed…
Why shouldn’t they,,..!
1MB DSL Student Package was 1099Rs now 1175Rs.., will be 1275Rs from 1Nov
Really Agree with you, I don’t know last bill also had a tax of 500. I don’t understand their moto, I wish they reduce their prices further in order to get more subscribers or to rather increase IT growth.
jalal khan is your bill is not effenic