Business
April 13, 2021
ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) posted a net profit of Rs1.606 billion during the quarter ended March 31, 2021, showing seven percent growth in revenues for the first time since Q1 of 2014, a statement said.
The company posted a loss of Rs406.724 million during the same period last year.
The company did not announce any cash dividend. “The significant growth in revenues was mainly driven by strong performance in consumer segment and continued growth momentum in business services that supported PTCL in posting seven percent growth in revenues for the first time since Q1 of 2014. This was achieved despite the negative effects of the coronavirus pandemic,” the statement said.