SLT-Mobitel Reports Strong 1Q 2026 Growth Driven by Broadband 📈

• Overall Performance: SLT Group recorded a consolidated revenue of Rs. 30.8 Bn, marking a 10.6% YoY increase. The Group achieved a significant turnaround with Net Profit (PAT) surging 53.3% to Rs. 3.1 Bn. • Profitability Metrics: • Operating Profit: Rs. 5.1 Bn (↑ 39.1%) • Profit Before Tax (PBT): Rs. 4.2 Bn (↑ 55.4%) • Gross Profit: Rs. 14.6 Bn (↑ 14.1%) • Sector Breakdown: • SLT PLC: Revenue rose 10.6% to Rs. 19.7 Bn. PAT increased by 53.3% to Rs. 2.1 Bn, reflecting strong cost discipline despite rising electricity and fuel costs. • Mobitel: Revenue grew 9.9% YoY. Profitability was standout with Operating Profit up 54.7% and Net Profit jumping 63.7%. • Key Drivers: Growth was primarily fueled by a 28% rise in broadband (internet) revenue and gains in ICT solutions and roaming. While direct costs rose 7.6% due to macro-pressures, they were offset by revenue momentum and favorable foreign exchange gains compared to 1Q 2025. • Strategic Outlook: The Group remains focused on 5G innovation, AI, and digital transformation to maintain its position as the national ICT/BPM infrastructure leader.