Supernet Technologies Profit Jumps Nearly 500% After Merger

Supernet Technologies Limited (STL) reported a nearly 500% increase in profit after tax for the year ended June 30, 2026, with consolidated profit reaching Rs. 467 million, up from Rs. 78 million in the restated FY2025. The company's revenue also saw a significant rise to Rs. 8.08 billion from Rs. 4.89 billion in the previous year, driven by the integration of its expanded operations following the merger that became effective on January 1, 2025.

STL's Board recommended a first post-merger cash dividend of Rs. 0.25 per share for FY2026, reflecting its improved earnings and strengthened financial position. The company attributes its improved performance to the integration of its operations and continued focus on operational efficiency and cost optimization.

Brief written by urgent.news from ProPakistani's own syndicated text. Machine-written — may contain errors; check the original before relying on it.