Key Takeaways
- Supernet Technologies Limited (STL) reported a consolidated profit after tax of Rs467 million for FY2026.
- The company’s earnings per share increased to Rs4.03 from Rs1.39 in the previous year.
- STL’s revenue grew to Rs8,080 million from Rs4,891 million in FY2025.
Supernet Technologies Limited (STL) has announced a significant financial performance, reporting a consolidated profit after tax (PAT) of Rs467 million for the fiscal year ended June 30, 2026, marking a nearly five-fold increase from the restated FY2025 figure of Rs78 million.
The earnings per share (EPS) also saw a substantial rise, from Rs1.39 in FY2025 to Rs4.03 in FY2026, reflecting the company’s improved financial health.
Revenue for the fiscal year increased to Rs8,080 million, a significant jump from Rs4,891 million in the previous year, indicating a robust growth trajectory for the company.
The FY2025 comparatives have been restated to reflect the merger effective from January 1, 2025, which included the operations of SNL from that date. STL noted that these restated figures are not directly comparable with the full-year FY2026 results, and the reported growth should not be interpreted as like-for-like organic growth.
Gross profit surged to Rs1,940 million from Rs894 million in the restated FY2025, with the gross margin improving to 24% from 18.28% in the previous year. Operating profit also saw a notable rise to Rs841 million, with the operating margin strengthening to 10.41% from 9.68%.
In recognition of its strengthened financial position post-merger, the company’s board recommended its first-ever post-merger cash dividend of Re0.25 per share for FY2026.
Following the FY2026 results, STL completed a Rs914.77 million rights issue at Rs10 per share, raising the entire targeted amount, further bolstering its financial stability.
Looking ahead, management acknowledged the challenging business environment amid prevailing economic conditions, competitive pressures, and uncertainties affecting the telecommunications and technology sectors.
