Systems Limited Profit Rises 17% to Rs. 6.05 Billion in H1 2026

Systems Limited reported a 17% increase in profit after tax to Rs. 6.05 billion in the first half of 2026, up from Rs. 5.15 billion in the same period last year. This growth was primarily attributed to stronger exports. Net sales rose by 35% year-over-year to Rs. 49.72 billion, driven by a 61.5% increase in Technology, followed by 53.5% growth in Retail and Consumer Products (CPG), 36.8% in Telecommunications (Telco), 29.5% in Others, 25.5% in Financial Services, Information Technology and Infrastructure (FISI), and 20.9% in Public Sector.

Asia Pacific led regional growth at 84.6%, followed by North America at 36.4%, the Middle East and Africa at 36.1%, Pakistan and Others at 24%, and Europe at 22.9%. Gross profit increased by 37% to Rs. 12.69 billion, with a stable gross profit margin of 25.52%. Other income declined by 31% to Rs. 567 million, with exchange losses due to the rupee strengthening against the US dollar.

Finance costs rose by 83% due to higher borrowings, and the effective tax rate increased to 11% from 9% in the previous year.