Transmission of Quarterly Financial Statements for the period ended March 2026

For the nine months ended March 31, 2026

‌PAK DATACOM LIMITED 1

BOARD OF DIRECTORS

1. Syed Zomma Mohiuddin Chairman / Non-Executive Director

2. Ms. Rubina Safir Independent Director / Female Director

3. Engr. Perwaiz Khan Non-Executive Director

4. Syed Junaid Imam Non-Executive Director

5. Mr. Muhammad Izqar Khan Non-Executive Director

6. Mr. Shamim Ahmed Sherazi Independent Director

7. Mr. Muhammad Waheed Non-Executive Director

8. Mr. Ali Saleem Rana Acting Chief Executive / Company Secretary

AUDIT COMMITTEE

1. Ms. Rubina Safir Chairperson

2. Mr. Muhammad Izqar Khan Member

3. Engr. Perwaiz Khan Member

4. Mr. Muhammad Waheed Member

HUMAN RESOURCE & REMUNERATION COMMITTEE

1. Mr. Shamim Ahmed Sherazi Chairman

2. Mr. Muhammad Waheed Member

3. Syed Junaid Imam Member

4. Mr. Ali Saleem Rana Member

PROCUREMENT COMMITTEE

1. Syed Zomma Mohiuddin Chairman

2. Mr. Shamim Ahmed Sherazi Member

3. Engr. Perwaiz Khan Member

NOMINATION COMMITTEE

1. Syed Zomma Mohiuddin Chairman

2. Mr. Muhammad Izqar Khan Member

3. Mr. Muhammad Waheed Member

STRATEGY & PROJECT APPRAISAL COMMITTEE

1. Syed Zomma Mohiuddin Chairman

2. Syed Junaid Imam Member

3. Mr. Muhammad Izqar Khan Member

4. Ms. Rubina Safir Member

COMPANY SECRETARY

Mr. Ali Saleem Rana

CHIEF FINANCIAL OFFICER

Mr. Umar Iqbal Khan (Acting)

REGISTERED OFFICE

1st Floor, Telecom Foundation, TF Complex, TF Headquarters, 7-Mauve Area, G-9/4, Islamabad.

HEAD OFFICE

3rd Floor, Umar Plaza, Blue Area, Islamabad. Tel: (051) 2344123, 2344125, Fax: (051)2344111.

SHARES DEPARTMENT

CDC Shares Registrar Services Limited (CDCSRSL), CDC House, 99-B, Block B, S.M.C.H.S., Main Shahra-e-Faisal, Karachi - 74400. Tel: (92-21) 111-111-500.

AUDITORS

BDO Ebrahim & Co. Chartered Accountants, 3rd Floor, Saeed Plaza, 22-East Blue Area, Jinnah Avenue, Islamabad. Tel: (92-51) 2604461-4.

LEGAL ADVISOR

Ahmed Bashir & Associates, Advocates and Solicitors, 210-A, Sughra Tower, Street # 73, Sector F11/1, Islamabad.

‌ 2 PAK DATACOM LIMITED

The Directors of Pak Datacom Limited (PDL) are pleased in presenting to the shareholders the report along with un-audited financial statements of the Company for the nine months' period from July 01, 2025 to March 31, 2026.

During the period under review, Pakistan's economy continued to operate under significant macroeconomic pressure. Heightened geopolitical tensions, most notably the prolonged Iran-US conflict, which persisted for over one-third time of the third quarter, further aggravated economic uncertainty and disrupted regional stability. These developments, coupled with elevated energy tariffs, persistently high fuel costs, and a high taxation burden, continued to weigh heavily on business confidence and corporate profitability.

The data communications and telecommunications sectors, given their reliance on imported equipment and advanced technologies, faced additional headwinds stemming from increased import costs, supply chain disruptions, and regional security concerns. The prevailing geopolitical climate also led to delays in project execution, with certain initiatives being temporarily shelved while others were deferred to the next financial year.

During the nine-month period ended March 31, 2026, the Company recorded net revenue of Rs. 1,066.291 million, compared with Rs. 1,277.223 million in the corresponding period last year. Gross profit was Rs. 195.613 million, and net profit amounted to Rs. 12.830 million, resulting in earnings per share (EPS) of Rs. 1.08. The company's performance during the period was significantly impacted by increased inflation, the phased recognition of project-based revenues, and a temporary slowdown in demand from the defense sector, one of the Company's key customer segments, amid unfavorable geopolitical developments that led to elevated costs, constraining the near-term viability of certain new projects and revenue opportunities.

Despite these global challenges, the Company remained focused on strengthening operational sustainability through ongoing digital transformation initiatives, the automation of internal processes, and the adoption of renewable energy solutions to mitigate rising energy and administrative costs. The Company is also actively pursuing the diversification of its ICT and data-driven service portfolio to enhance its competitive positioning and broaden its revenue base. The Board remains confident that the initiatives taken by the management internally coupled with sustained digitalization trends, increasing adoption of cloud-based services, and rising demand for secure and reliable communication networks will support the Company's long-term growth trajectory.

The Board takes this opportunity to express its sincere gratitude to its shareholders, regulatory authorities, customers, and strategic partners for their continued trust and confidence in the Company. This ongoing support enables the Board, management, and employees to work collectively in guiding the Company towards sustained growth. The Board also appreciates the dedication, commitment, and valuable contributions of its employees, which remain integral to the Company's achievements.

For and on behalf of the Board

Islamabad

April 29, 2026

Ali Saleem Rana

Chief Executive (Acting)

Rubina Safir

Director

‌PAK DATACOM LIMITED 3

‌ 4 PAK DATACOM LIMITED

‌PAK DATACOM LIMITED 5

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION (UN-AUDITED)

AS AT MARCH 31, 2026

NON-CURRENT ASSETS

March 31,

2026

Un-audited

Note Rupees

June 30,

2025

Audited

Property and equipment 4

Intangible assets 5

Deferred taxation

CURRENT ASSETS

Stock-in-trade

Trade debts 6

Contract assets 7

Contract work in progress

Advances and other receivables 8

Trade deposits and short term prepayments Taxation - net

Interest accrued

Short term investments 9

Cash and bank balances 10

400,396,766 305,205,302

1,574,196,630 1,799,063,514

TOTAL ASSETS 1,974,593,396 2,104,268,816

SHARE CAPITAL AND RESERVES

Authorised share capital 1,000,000,000 1,000,000,000

Issued, subscribed and paid up capital 11 118,592,100 118,592,100

General reserve 700,000,000 700,000,000

Unappropriated profits 615,340,736 673,665,567

1,433,932,836 1,492,257,667

NON-CURRENT LIABILITIES

Deferred employees' benefits Lease liabilities

CURRENT LIABILITIES

Customers' deposits Contract liability

Trade and other payables 12

Current portion of lease liabilities Unclaimed dividend

Unpaid dividend

175,160,083 111,700,672

365,500,477 500,310,477

TOTAL EQUITY AND LIABILITIES 1,974,593,396 2,104,268,816

CONTINGENCIES AND COMMITMENTS 13 - -

The annexed notes 1 - 25 form an integral part of these financial statements.

Umar Iqbal Khan

Chief Financial Officer (A)

Ali Saleem Rana

Chief Executive (A)

Rubina Safir

Director

‌ 6 PAK DATACOM LIMITED

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED)

FOR THE NINE MONTHS PERIOD ENDED MARCH 31, 2026

Nine months period ended Three months period ended March 31, March 31, March 31, March 31,

2026 2025 2026 2025

Note

Rupees

Rupees

The annexed notes 1 - 25 form an integral part of these financial statements.

Umar Iqbal Khan

Chief Financial Officer (A)

Ali Saleem Rana

Chief Executive (A)

Rubina Safir

Director

‌PAK DATACOM LIMITED 7

CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (UN-AUDITED)

FOR THE NINE MONTHS PERIOD ENDED MARCH 31, 2026

Nine months period ended Three months period ended March 31, March 31, March 31, March 31,

2026 2025 2026 2025

Rupees Rupees

The annexed notes 1 - 25 form an integral part of these financial statements.

Umar Iqbal Khan

Chief Financial Officer (A)

Ali Saleem Rana

Chief Executive (A)

Rubina Safir

Director

‌ 8 PAK DATACOM LIMITED

CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED)

FOR THE NINE MONTHS PERIOD ENDED MARCH 31, 2026

Rupees

The annexed notes 1 - 25 form an integral part of these financial statements.

Umar Iqbal Khan

Chief Financial Officer (A)

Ali Saleem Rana

Chief Executive (A)

Rubina Safir

Director

‌PAK DATACOM LIMITED 9

CONDENSED INTERIM STATEMENT OF CASH FLOWS (UN-AUDITED)

FOR THE NINE MONTHS PERIOD ENDED MARCH 31, 2026

Nine months period ended March 31, March 31,

2026 2025

CASH FLOWS FROM OPERATING ACTIVITIES

Note

Rupees

Profit for the period - before taxation 36,372,530 176,813,691 Adjustments for non-cash items:

Depreciation 31,332,641 22,005,735

Amortization 2,834,406 2,654,891

(Gain)/Loss on disposal of property and equipment (13,660,010) (2,605,334) Property and equipment - write off - 588,737

Lease Modification - (6,767,366)

Impairment (reversal) / loss on financial assets (10,742,680) (9,575,399)

Finance cost 11,582,027 6,546,809

Unrealized exchange (gain) / loss 3,204,392 7,443,183

Interest income (23,603,942) (37,650,619)

Provision for gratuity 8,753,382 4,565,916

Provision for earned leave encashment 7,111,106 7,904,216 Provision for provident fund 4,750,238 3,751,532

57,934,090 175,675,992

Changes in working capital

Decrease / (increase) in inventories Decrease / (increase) in trade debts Decrease / (increase) in contract assets

Decrease / (increase) in contract work in progress Decrease / (increase) in advances and other receivables Decrease / (increase) in trade deposits and short

term prepayments

Increase / (decrease) in customers' deposits Increase / (decrease) in contract liability

Increase / (decrease) in trade and other payables

234,908,022 (481,422,669) 292,842,112 (305,746,677)

Taxes paid (48,286,066) (84,005,810)

Gratuity paid - (704,158)

Provident fund paid (1,201,058) (2,140,757)

Leave encashment paid 1,593,561) (13,991,354)

Net cash generated from / (used in) operating activities 241,761,427 (406,588,756)

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of property and equipment Proceeds from sale of property and equipment Purchase of intangibles

Sale/(Purchase) of short term investments Interest and profit received

Net cash used in investing activities (136,997,786) 20,086,550

CASH FLOWS FROM FINANCING ACTIVITIES

Dividend paid

Payment of finance lease obligation Finance cost paid

Net cash used in financing activities (109,874,478) (61,258,368)

Net increase / (decrease) in cash and cash equivalents (5,110,836) (447,760,574) Cash and cash equivalents at the beginning of the year 511,364,088 787,378,910 Effect of movements in exchange rates on cash and cash equivalents (5,409,296) (7,390,049)

Cash and cash equivalents at the end of the period 20 500,843,956 332,228,287

The annexed notes 1 - 25 form an integral part of these financial statements.

Umar Iqbal Khan

Chief Financial Officer (A)

Ali Saleem Rana

Chief Executive (A)

Rubina Safir

Director

‌ 10 PAK DATACOM LIMITED

FOR THE NINE MONTHS PERIOD ENDED MARCH 31, 2026

1. LEGAL STATUS AND ITS OPERATIONS

   Pak Datacom Limited (the Company) was incorporated in Pakistan on July 13, 1992 as a private limited company under the Companies Ordinance, 1984 (which is repealed with the enactment of the Companies Act, 2017 on May 30, 2017) and was converted into a public limited company on June 26, 1994. The Company has its shares quoted on the Pakistan Stock Exchange Limited.

   The Company commenced its commercial activities from July 1, 1994 and is principally engaged in setting up, operating and maintaining a network of data communication and serving the needs of the customers.

   The Company is a subsidiary of Telecom Foundation, Pakistan. The registered office of the Company is situated at 1st Floor, TF Complex, 7 - Mauve Area, G - 9/4, Islamabad.

2. STATEMENT OF COMPLIANCE

   1. These condensed interim financial statements have been prepared in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting. The accounting and reporting standards as applicable in Pakistan for interim financial reporting comprise of:

      • International Financial Reporting Standards (IFRS Standards) issued by the International Accounting Standards Board (IASB) as notified under the Companies Act, 2017;

      • Islamic Financial Accounting standards (IFAC) issued by Institute of Chartered Accountants of Pakistan as notified under the Companies Act, 2017; and

      • Provisions of and directives issued under the Companies Act, 2017.

        Where provisions of and directives issued under the Companies Act, 2017 differ from the IFRS Standards, the provisions of and directives issued under the Companies Act, 2017 have been followed.

   2. These condensed interim financial statements do not include all the information required for full financial statements and should be read in conjunction with the annual audited financial statements for the year ended June 30, 2025.

   3. These condensed interim financial statements are un-audited and being submitted to the members as required under Section 237 of the Companies Act, 2017 and the listing regulations of the Pakistan Stock Exchange.

3. ACCOUNTING POLICIES

   1. The accounting policies adopted and methods of computation followed in the preparation of these interim financial statements are same as those applied in the preparation of financial statements for the year ended June 30, 2025.

   2. The preparation of these interim financial statements in conformity with approved accounting standards require management to make estimates, assumptions and use judgements that affect the application of accounting policies and reported amounts of assets, liabilities, income and expenses. Estimates, assumptions and judgments are continually evaluated and are based on historical experience and other factors, including reasonable expectations of future events. Revisions to accounting estimates are recognised prospectively commencing from the period of revision.

   3. The significant estimates, judgments and assumptions made by the management in applying the accounting policies and the key sources of estimation uncertainty are the same as those applied to the annual audited financial statements as at and for the year ended June 30, 2025.

‌PAK DATACOM LIMITED 11

‌ 12 PAK DATACOM LIMITED

March 31,

2026

Un-audited

June 30,

2025

Audited

Rupees

1. INTANGIBLE ASSETS

   Opening net book value 28,334,425 8,046,851

   Additions 225,000 23,833,799

   Amortization charge (2,834,406) (3,546,225)

   Closing net book value 25,725,019 28,334,425

   Trade debts	506,041,209	600,546,714
   Less: Impairment loss allowance	(58,256,508)	(60,893,861)
   	447,784,701	539,652,853
   CONTRACT ASSETS
   Unbilled revenue	82,491,050			288,175,781
   Less: Impairment loss allowance	(324,004)			(8,358,359)
   	82,167,046			279,817,422
   ADVANCES AND OTHER RECEIVABLES
   Advances to suppliers	124,700		6,853,529
   Advances to employees	13,110,954		15,113,063
   Other receivables	10,034,131		18,771,046
   Sales tax receivable	20,875,995		38,393,894
   	44,145,780		79,131,532
   SHORT TERM INVESTMENTS
   Term deposit receipts (TDRs)	158,000,000		158,000,000
   Mutual fund	145,685,649		14,984,218
   	303,685,649		172,984,218
   Interest accrued	11,344,064		1,487,648
   	315,029,713		174,471,866

2. TRADE DEBTS

7

8

9

10 CASH AND BANK BALANCES

Cash in hand 1,570,334 1,418,158

Cash at bank: Current accounts:

Deposit accounts:

‌PAK DATACOM LIMITED 13

March 31,

2026

Un-audited

June 30,

2025

Audited

11.2 Issued, subscribed and paid up capital:

Shares issued for cash

5,400,000 ordinary shares of Rs 10 each (June 30, 2025: 5,400,000 ordinary

Rupees

shares of Rs 10/- each) 54,000,000 54,000,000 6,459,210 ordinary shares of Rs 10 each

12

1. CONTINGENCIES AND COMMITMENTS

   1. Contingencies

      1. There has been no significant change in the the status of contingencies as disclosed in Note 25 to the audited financial statements of the Company for the year ended June 30, 2025 except for the following:

      2. The Deputy Commissioner Inland Revenue issued a notice under Rule 44(4) of the Income Tax Rules, 2002 for Tax Year 2021 on September 17, 2025 to provide reconciliation of withholding tax deducted during the tax year. A partial response was submitted on October 30, 2025, vide reference No. PDL/Tax/11248. An extension for submission of the remaining information has been obtained up to February 20, 2026. The proceedings are currently in progress. The management believes that the case is likely to be decided in the favour of the Company.

      3. PDL received a notice under section 147, bearing barcode No. 100000267041427, issued on December 31, 2025, against submitted estimate for advance tax of second quarter of Tax Year 2026. The compliance date and due date stated in the notice were the same. Subsequently, an order was issued creating a tax demand of PKR 13.55 million. Being aggrieved, the Company filed an appeal before the Commissioner Inland Revenue (Appeals) on February 3, 2026. The proceedings are currently in progress. The management believes that the case is likely to be decided in the favour of the Company.

         March 31,

         2026

         June 30,

         2025

   2. Commitments

      The Company has following commitments in respect of:

      Un-audited Audited Rupees

      Capital expenditure commitments	80,818,214	61,169,787
      Outstanding letter of credits	5,786,685	51,325,506

      ‌ 14 PAK DATACOM LIMITED

      Nine months period ended Three months period ended

      March 31,

      2026

      March 31,

      2025

      March 31,

      2026

      March 31,

      2025

2. REVENUE

   Note

   Rupees Rupees

   Class Value Added Services 828,069,833 898,892,389 258,874,334 282,117,399

   (CVAS) / data communication services

   Telecom infrastructure services 785,115 785,115 261,705 261,705

   Specialised projects 250,490,037 355,596,644 142,216,519 282,112,162

   Solar equipment sales 113,283,513 153,682,415 100,562,037 98,886,645

   Gross revenue 1,192,628,498 1,408,956,563 501,914,595 663,377,911

   Less:

   Sales tax / Federal Excise Duty (126,337,108) (131,733,650) (41,510,282) (40,452,389)

   1,066,291,390 1,277,222,913 460,404,313 622,925,522

3. COST OF SERVICES

   Channel and local lead rentals 240,357,104 273,460,241 84,444,166 89,785,913

   Space segment rentals 80,432,854 68,646,513 29,431,549 25,800,187

   Cost of goods sold 108,079,144 140,326,628 96,329,515 90,756,956

   Salaries and other benefits 15.1 154,518,820 142,315,239 42,219,753 38,998,459

   Repair and maintenance expenses 6,084,623 7,390,136 2,022,901 2,875,968

   License fee 2,832,022 3,278,245 913,939 1,231,668

   Depreciation - operating fixed assets 14,768,098 10,987,673 5,420,552 3,824,946 Depreciation - right of use assets 1,656,856 28,377 1,424,271 -Amortisation 2,834,406 2,654,891 944,802 908,151

   Travelling and local conveyance 4,712,878 3,168,477 1,616,572 1,331,456

   Communication expenses 1,490,475 1,229,851 455,387 364,938

   Vehicle running expenses 18,831,505 15,631,262 6,021,604 5,092,940

   Insurance 323,637 370,690 149,602 118,618

   Impairment loss on inventories - 222,882 - -Entertainment 1,721,697 2,106,362 413,324 738,699

   Rent, rates and taxes 5,057,241 3,018,149 1,623,288 1,181,398

   Utilities 3,888,595 5,548,184 1,649,926 1,308,094

   Specialised projects' costs 223,088,784 285,536,678 132,057,142 218,751,201

   870,678,739 965,920,478 407,138,293 483,069,592

   1. Salaries and other benefits include employees' retirement and other service benefits of Rs. 56.70 million (March 31, 2025: Rs. 57.32 million).

      Nine months period ended Three months period ended

      March 31,

      2026

      March 31,

      2025

      March 31,

      2026

      March 31,

      2025

      Note Rupees Rupees

4. ADMINISTRATIVE EXPENSES

   Salaries and other benefits 16.1 117,982,563 101,072,023 30,660,138 28,138,126

   Travelling and local conveyance 8,692,982 6,384,587 1,523,007 2,416,585

   Communication expenses 1,849,913 2,095,969 649,496 569,966

   Vehicle running expenses 13,123,528 8,650,455 4,545,698 2,838,640

   Repair and maintenance expenses 3,836,409 3,361,791 1,141,647 471,737

   Insurance 817,762 641,162 289,901 198,506

   Depreciation - operating fixed assets 1,839,675 2,426,382 641,558 1,037,733

   Depreciation - right of use assets 12,322,519 8,423,869 4,916,835 2,843,332

   Entertainment 3,933,926 2,882,478 678,334 632,433

   Rent, rates and taxes 741,835 973,626 218,000 308,340

   Legal and professional charges 8,585,309 7,496,735 3,142,984 1,601,645

   Printing and stationery 1,667,110 2,369,381 438,000 528,325

   Utilities 2,332,272 3,081,208 992,507 1,366,954

   Donation 5,555,000 6,994,367 1,700,000 2,533,567

   Auditors' remuneration 1,160,682 1,162,975 683,658 373,175

   184,441,485 158,017,008 52,221,763 45,859,064

   1. Salaries and other benefits include employees' retirement and other service benefits of Rs. 26.91 million (March 31, 2025 : Rs. 31.49 million).

      ‌PAK DATACOM LIMITED 15

      Nine months period ended Three months period ended

      March 31,

      2026

      March 31,

      2025

      March 31,

      2026

      March 31,

      2025

      Note Rupees Rupees

5. MARKETING EXPENSES

   Advertisement and marketing 6,622,957 4,342,159 1,882,697 2,505,919

   Salaries and other benefits	17.1	29,374,472	21,508,094	9,563,137		6,337,910
   Travelling and local conveyance		6,351,680	4,079,678	982,104		1,640,945
   Communication expenses		115,336	90,302	48,753		25,902
   Vehicle running expenses		2,740,647	2,251,400	995,899		838,032
   Insurance	49,066	10,711		36,675		3,493
   Depreciation - operating fixed assets Depreciation - right of use assets	188,266 557,227	139,434 -		79,549 419,337		46,478 -
   Entertainment	224,792		277,489		76,219		118,937
   Repair and maintenance expenses	235,284		108,891		54,514		9,179
   	46,459,727		32,808,158		14,138,884		11,526,795

   1. Salaries and other benefits include employees' retirement and other service benefits of Rs. 8.81 million (March 31, 2025 : Rs. 5.23 million).

Nine months period ended Three months period ended

March 31,

2026

March 31,

2025

March 31,

2026

March 31,

2025

Rupees Rupees

Nine months period ended

March 31,

2026

March 31,

2025

1. CASH AND CASH EQUIVALENTS

   Note

   Rupees

   Cash and bank balances	10	500,749,409 332,101,297
   Allowance for impairment		94,548 126,990
   		500,843,957 332,228,287

2. ‌OPERATING SEGMENTS

   1. Basis for segmentation

      A business segment is a group of assets and operations engaged in providing services that are subject to risks and returns that are different from those of other business segments. The management has determined the operating segments based on the information that is presented to the Board of Directors for allocation of resources and assessment of performance. Based on internal management reporting structure, the company is organised into the following operating segments:

      Reportable segments Operations

      Data communication services Data communication, broadband, satellite, and enterprise connectivity services.

      Specialised projects Solar equipment sales

      Procurement and supply of specialised communication equipment, including the installation and provision of training on its operation and usage. Import and sale of solar panels.

      Management monitors the operating results of the abovementioned segments separately for the purpose of making decisions about resources to be allocated and for assessing performance. Segment performance is evaluated based on profit before tax.

   2. Information about reportable segments

      Information related to each reportable segment is set out below. Segment profit (loss) before tax is used to measure performance because management believes that this information is the most relevant in evaluating the results of the respective segments relative to other entities that operate in the same industries.

      PAK DATACOM LIMITED

      Nine months Three months

      March 31, 2026:

      Note

      Data Communication

      Specialised Projects

      Rupees

      Solar Equipment

      Total

      Data Communication

      Specialised Projects

      Rupees

      Solar Equipment

      Total

      Revenue 709,034,457 243,973,420 113,283,513 1,066,291,390 222,262,295 137,579,981 100,562,037 460,404,313

      Cost of revenue (533,434,934) (226,546,739) (110,456,436) (870,438,109) (177,024,300) (133,001,972) (97,037,982) (407,064,254)

      Gross profit 175,599,523 17,426,681 2,827,077 195,853,281 45,237,995 4,578,009 3,524,055 53,340,059

      Administrative expenses (89,627,317) (12,226,146) - (101,853,463) (26,358,434) (5,074,277) - (31,432,711)

      Marketing expenses (29,404,584) (9,694,086) (7,361,057) (46,459,727) (8,586,421) (3,156,001) (2,396,462) (14,138,884)

      Segment profit before tax 21.3 56,567,622 (4,493,551) (4,533,980) 47,540,091 10,293,140 (3,652,269) 1,127,593 7,768,464

      March 31, 2025:

      Revenue 767,943,854 355,596,644 153,682,415 1,277,222,913 241,926,715 282,112,162 98,886,645 622,925,522

      16

      Cost of revenue (535,288,421) (288,731,711) (141,890,556) (965,910,688) (172,225,743) (219,626,732) (91,213,794) (483,066,269)

      Gross profit	232,655,433 66,864,933	11,791,859 311,312,225	69,700,972	62,485,430 7,672,851 139,859,253
      Administrative expenses	(75,029,950) (13,593,367)	- (88,623,317) (16,414,415)		(5,497,075) - (21,911,490)
      Marketing expenses	(20,320,321) (7,098,044)	(5,389,793) (32,808,158)	(7,846,934)	(2,091,621) (1,588,240) (11,526,795)
      Segment profit before tax	21.3	137,305,162 46,173,522 6,402,066 189,880,750		45,439,623 54,896,734 6,084,611 106,420,968

      ‌ 17 PAK DATACOM LIMITED

      As at March 31, 2026 Assets:

      Data Communication

      Specialised Projects

      Rupees

      Solar Equipment

      Total

      Segment assets 483,399,106 476,454,224 33,503,230 993,356,560

      Unallocated assets - - - 981,236,836 Total assets 483,399,106 476,454,224 33,503,230 1,974,593,396

      Liabilities:

      Segment liabilities 422,567,104 36,367,689 - 458,934,793

      Unallocated liabilities - - - 81,725,767 Total liabilities 422,567,104 36,367,689 - 540,660,560

      As at June 30, 2025 Assets:

      Segment assets 444,468,917 713,070,145 85,120,334 1,242,659,396

      Unallocated assets - - - 861,609,420 Total assets 444,468,917 713,070,145 85,120,334 2,104,268,816

      Liabilities:

      Segment liabilities 379,274,237 38,355,161 - 417,629,398

      Unallocated liabilities - - - 194,381,751 Total liabilities 379,274,237 38,355,161 38,355,161 612,011,149

      Nine months period ended Three months period ended

      March 31,

      2026

      Rupees

      March 31,

      2025

      Rupees

      March 31,

      2026

      Rupees

      March 31,

      2025

      Rupees

      Segment profit before tax	47,540,091	189,880,750	7,768,464	106,420,968
      Rent, rates and taxes	(240,630)	(9,790)	(74,039)	(3,323)
      Salaries and other benefits	(70,224,848)	(58,122,523)	(17,388,298)	(17,927,006)
      Donation	(5,555,000)	(6,994,367)	(1,700,000)	(2,533,567)
      Traveling and local conveyance	(5,647,492)	(3,113,826)	(1,017,096)	(3,113,826)
      Auditors remuneration	(1,160,682)	(1,162,975)	(683,658)	(373,175)
      Other income	76,995,446	60,863,352	20,435,133	12,839,721
      Impairment reversal on financial assets	10,742,680	9,575,399	7,770,936	6,933,342
      Finance cost	(16,077,035)	(14,102,329)	(5,159,046)	(2,256,774)
      Total profit before tax	36,372,530	176,813,691	9,952,396	99,986,360

   3. Reconciliation of reportable segment profit before tax

      Unallocated amounts:

      ‌PAK DATACOM LIMITED 18

3. TRANSACTIONS AND BALANCES WITH RELATED PARTIES

   Related Parties include holding company, associated company, directors, key management personal, employee benefit trust and post employment benefit / contribution plans. The Company in the normal course of business carries out transactions with various related parties. The details of transactions are as follows;

   Aggregate Nine months period ended Three months period ended

   % age of shareholding

   Telecom Foundation 55.08%

   March 31,

   2026

   Rupees

   March 31,

   2025

   Rupees

   March 31,

   2026

   Rupees

   March 31,

   2025

   Rupees

   Dividend paid 39,192,036 22,862,021 - -

   Donations expense 4,500,000 4,500,000 1,500,000 1,500,000

   Directors Directorship fee Honorarium Paid	17,300,000 2,625,000	5,390,000 -	3,410,000 -	1,920,000 -
   Receivable against solar panels Dividend paid Sale of solar systems Others paid	2,281,097 903,600 -5,647,492	11,018,231 1,154,409 8,921,810 3,113,826	2,281,097 - -1,017,096	11,018,231 - -691,547
   Remuneration of other key management personnel paid	31,592,317	47,630,515	10,374,742	12,662,462
   Other related parties (Receivable from) / Payable to Gratuity fund	(495,941)	(7,067,674)	(495,941)	(7,067,674)
   Staff retirement contribution plan - (Receivable from) / Payable to Provident fund	75,072,900	58,228,302	75,072,900	58,228,302

   Prepaid / (Payable) donations 1,500,000 1,500,000 1,500,000 1,500,000

   Staff retirement benefit plan - Gratuity fund:

   Provident fund:

4. FINANCIAL RISK MANAGEMENT

   The Company's financial risk management objectives and policies are consistent with those disclosed in the annual financial statements for the year ended June 30, 2025. There is no change in the nature and corresponding hierarchies of fair value levels of financial instruments from those as disclosed in the audited financial statements of the company for the year ended June 30, 2025.

   The carrying amount of all financial assets and liabilities are estimated to approximate their fair values.

5. GENERAL

   Figures have been rounded off to the nearest rupee.

6. DATE OF AUTHORIZATION FOR ISSUE

These financial statements have been authorized for issue by the Board of Directors of the Company on April 29, 2026.