PSX - BOD9-27
The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building, Stock Exchange Road Karachi.
Subject: Financial Results For The Third Quarter Ended March 31, 2026Dear Sir/Madam,
April 30, 2026We would like to inform you that the Board of Directors of the NETS International Communication Limited ("Company"), in their meeting held on Thursday, April 30, 2026 at 2:00 pm (PST) at the head office of the company and via video link, reviewed and approved the un-audited standalone financial results of the company for the Third Quarter Ended March 31, 2026, recommended the following:
Interim cash dividend for the third quarter ended March 31,2026 - NIL
Bonus / Right shares - NIL
The unaudited standalone financial results of the company for the third quarter ended March 31,2026 are attached. The company has declared the Closed Period from 2026-04-22 to 2026-04-30 as required under PSX Regulation 5.6.4.
The quarterly report of the company for the third quarter ended March 31,2026 will be transmitted through PUCAR separately within the specified time.
Yours sincerely For and behalf of
NETS International Communication Limited
Danial Khushnood
Company Secretary
Nets International Communication Limited
NETS International Communication Limited Condensed Interim Statement of Financial Position | ||
As at March 31, 2026 | ||
March 31, 2026 | June 30, 2025 | |
Un-Audited | Audited | |
Notes | (Rupees) | (Rupees) |
ASSETS | ||
Non-current assets | ||
Property, plant and equipment 4 | 100,434,655 | 79,747,041 |
Deferred taxation-net | 24,826,156 | 23,025,979 |
Long term advances and deposits | 8,499,918 | 7,490,851 |
133,760,729 | 110,263,871 | |
Current Assets | ||
Stock in trade | 196,821,346 | 154,195,682 |
Trade debts | 148,191,390 | 462,699,096 |
Loan and advances | 1,087,255,906 | 255,589,003 |
Deposits and prepayments | 53,585,109 | 49,717,367 |
Short term investments | 24,400,000 | 24,400,000 |
Cash and bank balances | 19,492,789 | 33,319,649 |
1,529,746,540 | 979,920,799 | |
TOTAL ASSETS | 1,663,507,269 | 1,090,184,669 |
EQUITY AND LIABILITIES | ||
Share capital and reserves | ||
Authorized Share Capital: | ||
40,000,000 ordinary shares of Rs.10 each | 400,000,000 | 400,000,000 |
Issued, subscribed and paid-up share capital | 367,575,960 | 367,575,960 |
Unappropriated profit | 148,652,047 | 94,600,913 |
Total equity | 516,228,007 | 462,176,873 |
Non-current liabilities | ||
4,743,980
86,076,751
8,175,086
98,995,817
1,163,413
73,447,155
15,904,667
90,515,235
850,645,060
175,110,164
6,524,286
10,000,000
6,003,935
1,048,283,445
-1,663,507,269
394,883,893
122,386,504
6,316,728
10,000,000
3,905,436
537,492,561
-1,090,184,669
Lease liabilities Deferred liabilities
Long term loan - secured
Current Liabilities
Trade and other payables
Short term borrowing - secured Accrued markup
Current portion of long term loan Current portion of lease liabilities
Contingencies and commitments
TOTAL EQUITY AND LIABILITIES
The annexed notes form an integral part of these financial statements.
Chief Executive Officer Chief Financial Officer Director
NETS International Communication Limited
Condensed Interim Statement of Profit or Loss (Un-audited)
For the Nine Months & Quarter Ended March 31, 2026
9 Months Ended Quarter Ended
March 31, 2026 (Rupees) | March 31, 2025 (Rupees) | March 31, 2026 (Rupees) | March 31, 2025 (Rupees) | |
Revenue | 1,506,649,458 | 1,056,036,524 | 485,762,848 | 298,814,484 |
Cost of revenue | (1,165,309,088) | (797,458,830) | (358,496,360) | (223,563,360) |
Gross profit | 341,340,370 | 258,577,694 | 127,266,487 | 75,251,124 |
Selling and distribution expenses | (56,496,859) | (52,114,704) | (23,057,391) | (19,090,054) |
Administrative expenses | (178,695,460) | (123,814,284) | (56,306,433) | (30,258,658) |
Other operating expenses | (152,854,726) | (1,949,660) | (3,139,811) | (679,864) |
Other income | (46,706,675) 171,411,035 | 80,699,046 5,239,722 | 44,762,853 484,687 | 25,222,548 1,525,167 |
Profit from operations | 124,704,360 | 85,938,768 | 45,247,540 | 26,747,715 |
Finance cost | (19,617,880) | (12,329,505) | (7,845,812) | (3,966,803) |
Profit before levies and income tax | 105,086,480 | 73,609,263 | 37,401,728 | 22,780,912 |
Levies | (19,311,806) | (19,376,340) | (11,435,395) | (5,482,700) |
Profit before income tax | 85,774,674 | 54,232,923 | 25,966,333 | 17,298,212 |
Taxation | (31,723,539) | (17,953,234) | (13,177,781) | (3,589,665) |
Profit after taxation | 54,051,135 | 36,279,689 | 12,788,552 | 13,708,547 |
Earnings per share - basic and diluted | 1.47 | 1.10 | 0.35 | 0.41 |
The annexed notes form an integral part of these financial statements.
Director
Chief Executive Officer Chief Financial Officer
NETS International Communication Limited Condensed Interim Statement of Comprehensive Income (Un-audited)
For the Nine Months & Quarter Ended March 31, 2026
9 Months Ended Quarter Ended
March 31, 2026 | March 31, 2025 | March 31, 2026 | March 31, 2025 | ||
(Rupees) | (Rupees) | (Rupees) | (Rupees) | ||
Profit after taxation Other comprehensive income Total comprehensive income for the year | 54,051,135 - | 36,279,689 - | 12,788,552 - | 13,708,547 - 13,708,547 | |
54,051,135 | 36,279,689 | 12,788,552 |
The annexed notes form an integral part of these financial statements.
Director
Chief Executive Officer Chief Financial Officer
NETS International Communication Limited Condensed Interim Statement of Cash Flow (Un-audited)
For the Nine Months & Quarter Ended March 31, 2026
Notes | March 31, 2026 (Rupees) | March 31, 2025 (Rupees) | ||
Cash generated from/(used in) operations | 5 | 96,134,157 | (135,823,643) | |
Levies and income tax paid | (90,661,694) | (49,696,541) | ||
Worker welfare fund paid | (3,158,638) | (823,253) | ||
Gratuity paid | (9,899,107) | - | ||
Finance cost paid | (19,410,321) | (10,163,922) | ||
Net cash used in operating activities | (26,995,604) | (196,507,359) | ||
Cash flows from investing activities Additions to property, plant and equipment | (37,766,401) | (52,319,712) | ||
Proceeds from disposal of property, plant and equipment | 262,000 | - | ||
Net cash used in investing activities | (37,504,401) | (52,319,712) | ||
Cash flows from financing activities | ||||
(Repayment) / Receipt of long term loan | (7,729,581) | 28,404,667 | ||
Short term borrowing - net | 52,723,660 | 126,251,964 | ||
Lease liabilities - net | 5,679,066 | (2,459,592) | ||
Net cash generated from financing activities | 50,673,145 | 152,197,039 | ||
Net decrease in cash and cash equivalents | (13,826,860) | (96,630,032) | ||
Cash and cash equivalents at the beginning of the year | 33,319,649 | 103,493,509 | ||
Cash and cash equivalents at the end of the year | 19,492,789 | 6,863,477 | ||
The annexed notes form an integral part of these financial statements. | ||||
Director
Chief Executive Officer Chief Financial Officer
NETS International Communication Limited Condensed Interim Statement of Changes in Equity (Un-audited)
For the Nine Months & Quarter Ended March 31, 2026
Issued, subscribed and paid-up capital
Revenue Reserves | Total |
Unappropriated profit |
………Rupees………
330,815,960
-
-
30,356,301 | 361,172,261 |
36,279,689 | 36,279,689 |
- | - |
Balance as at July 01, 2024 Profit after tax for the period
Other comprehensive income for the period
Balance as at March 31, 2025 330,815,960 66,635,990 397,451,950
367,575,960 | 94,600,913 | 462,176,873 | |
- | 54,051,135 | 54,051,135 | |
- | - | - | |
367,575,960 | 148,652,047 | 516,228,007 |
Balance as at July 01, 2025 Profit after tax for the period
Other comprehensive income for the period Balance as at March 31, 2026
The annexed notes form an integral part of these financial statements.
Director
Chief Executive Officer Chief Financial Officer