Supernet Technologies Limited — Interim / Quarterly Report 2026

May 4, 2026

SUPERNET GLOBAL
Your Digital Partner

The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building
Stock Exchange Road
Karachi.

04 May 2026

Subject: Financial Result for the Quarter ended 31 March 2026

Dear Sir,

This is to inform you that the Board of Directors of Supernet Technologies Limited ("the Company") in their meeting held on 30 April 2026 at 12:00 p.m. at the registered office of the Company and through video-conferencing, has approved the Company's 3rd Quarterly Financial Statements for the period ended 31 March 2026 and recommended the following:

CASH DIVIDEND NIL
BONUS SHARES NIL
RIGHT SHARES NIL
ANY OTHER ENTITLEMENT / CORPORATE ACTION N/A
ANY OTHER PRICE SENSITIVE INFORMATION N/A

The financial results of the Company are enclosed herewith. Moreover, the 3rd Quarterly Report of the Company for the period ended 31 March 2026 will be transmitted through PUCARS separately, within the specified time.

Regards,
For Supernet Technologies Limited

Muhammad Farhan Saeed
Company Secretary

Enclosure: As above.

SUPERNET TECHNOLOGIES LIMITED
4th Floor, Tower B, World Trade Center, 10 Khayaban-e-Roomi, Block 5, Clifton, Karachi-75600, Pakistan
www.supernet-technologies.com
Supernet Limited has been merged with and into Supernet Technologies Limited pursuant to the Order of the Honrable High Court of Sindh dated 24 February 2026.

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Supernet Technologies Limited

Consolidated Condensed Interim Statement of Profit or Loss (Un-audited)

For the nine months ended March 31, 2026

	Nine months ended		Quarter ended
	March 31,		March 31,
	2026	2025	2026	2025
	( Rupees in '000')
Revenue - net	5,719,984	2,059,803	2,132,831	2,059,803
Cost of services	(4,340,725)	(1,610,824)	(1,585,792)	(1,610,823)
Gross profit	1,379,259	448,979	547,039	448,980
Administrative & other expenses	(517,514)	(182,776)	(141,476)	(169,569)
Distribution costs	(225,365)	(62,770)	(99,638)	(62,770)
Exchange (loss) / gain	3,540	(7,613)	(3,473)	(7,613)
Expected credit losses	(49,637)	(19,815)	(4,000)	-
Other income	13,733	135,373	410	2,398
	(775,243)	(137,601)	(248,177)	(237,554)
Operating profit	604,016	311,378	298,862	211,426
Finance costs	(50,857)	(114,157)	(38,415)	(43,493)
Profit before taxation and levy	553,159	197,221	260,447	167,933
Levy	(70,129)	(32,124)	(31,211)	(32,124)
Profit before taxation	483,030	165,097	229,236	135,809
Taxation	(149,353)	(84,087)	(70,829)	(84,087)
Profit after taxation	333,677	81,010	158,407	51,722
Profit attributable to:
Owners of the Holding Company	311,001	79,329	150,466	50,041
Non-controlling interest	22,676	1,681	7,941	1,681
	333,677	81,010	158,407	51,722
Earnings per share - basic and diluted (Rs.)	2.89	0.74	1.40	0.46

Chief Financial Officer

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Supernet Technologies Limited

Consolidated Condensed Interim Statement of Comprehensive Income (Un-audited)

For the nine months ended March 31, 2026

	Nine months ended		Quarter ended
	March 31,		March 31,
	2026	2025	2026	2025
	( Rupees in '000')
	(Restated)		(Restated)
Profit after taxation	333,677	81,010	158,407	51,722
Items that may be reclassified to profit or loss
Exchange differences on translation of foreign subsidiary	(13,154)	830	(6,909)	830
Total comprehensive income for the period	320,523	81,840	151,498	52,552
Total comprehensive income attributable to:
Owners of the Holding Company	297,847	80,159	143,557	50,871
Non-controlling interest	22,676	1,681	7,941	1,681
	320,523	81,840	151,498	52,552

Chief Financial Officer

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Supernet Technologies Limited

Consolidated Condensed Interim Statement of Financial Position (Un-audited)

As at March 31, 2026

	(Restated)
	March 31,
2026	June 30,
2025
	--- ( Rupees in '000') ---
Assets
Non - Current assets
Property and equipment	995,365	979,455
Intangible assets	55,297	57,585
Right of use asset	5,237	7,659
Long-term deposits	7,669	7,669
Deferred taxation	68,730	62,520
	1,132,298	1,114,888
Current assets
Inventory	420,265	376,813
Trade debts	2,226,347	2,258,768
Advances, deposits and prepayments	1,352,436	858,596
Other receivables	888,046	526,628
Short term investments	30,839	35,341
Cash and bank balances	111,444	226,848
	5,029,377	4,282,994
Total assets	6,161,675	5,397,882

Chief Financial Officer

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Supernet Technologies Limited

Consolidated Condensed Interim Statement of Financial Position (Un-audited)

As at March 31, 2026

| | (Restated)
March 31,
2026 | June 30,
2025 |
| --- | --- | --- |
| | --- ( Rupees in '000') --- | |
| Equity and liabilities | | |
| Share capital and reserves | | |
| Authorised share capital | | |
| 300,000,000 (2025: 300,000,000) ordinary shares of Rs.10 each | 3,000,000 | 3,000,000 |
| Issued, subscribed and paid-up capital | 1,076,195 | 1,076,195 |
| Reserves | 1,383,469 | 1,085,622 |
| Attributable to the owners of the Holding Company | 2,459,664 | 2,161,817 |
| Non - Controlling interest | 26,079 | 3,403 |
| Total shareholders' equity | 2,485,743 | 2,165,220 |
| Non - Current liabilities | | |
| Lease liabilities | 7,302 | 5,744 |
| Deferred liability | 5,246 | 5,273 |
| | 12,548 | 11,017 |
| Current liabilities | | |
| Trade and other payables | 2,745,061 | 2,187,997 |
| Due to related party | 823,807 | 787,936 |
| Accrued mark-up | 2,487 | 5,334 |
| Contractual liability to customer | - | 8,872 |
| Unclaimed dividend | 23 | 23 |
| Taxation - Net | 14,584 | 81,259 |
| Current portion of lease liabilities and short-term financing | 77,422 | 150,224 |
| | 3,663,384 | 3,221,645 |
| Total equity and liabilities | 6,161,675 | 5,397,882 |
| Contingencies & commitments | | |

Chief Financial Officer

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Supernet Technologies Limited

Consolidated Condensed Interim Statement of Changes in Equity (Un-audited)

For the nine months ended March 31, 2026

Balance as at June 30, 2024

Profit for the period

Other comprehensive income

Bonus shares issued

Issuance of shares against merger

Reserve

Balance as at March 31, 2025 (Restated)

Balance as at June 30, 2025 (Restated)

Profit for the period

Other comprehensive income

Balance as at March 31, 2026

Attributable to the owner of the Holding Company				Non - controlling interest	Total
Share capital	Merger reserve	Capital reserve	Revenue reserve
Issued, subscribed and paid-up share capital		Foreign currency translation reserve	Un appropriated profit

( Rupees in '000')

5,000	-	-	30,470	-	35,470
-	-	-	79,329	1,681	81,010
-	-	830	-	-	830
-	-	830	79,329	1,681	81,840
55,000	-	-	(55,000)	-	-
1,016,195	-	-	-	-	1,016,195
	1,007,812	-	-	-	1,007,812
1,076,195	1,007,812	830	54,799	1,681	2,141,317
1,076,195	1,007,812	8,788	69,022	3,403	2,165,220
-	-	-	311,001	22,676	333,677
-	-	(13,154)	-	-	(13,154)
-	-	(13,154)	311,001	22,676	320,523
1,076,195	1,007,812	(4,366)	380,023	26,079	2,485,743

Chief Financial Officer

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Supernet Technologies Limited
Consolidated Condensed Interim Statement of Cash Flows (Un-audited)
For the nine months ended March 31, 2026

	March 31, 2026	(Restated) March 31, 2025
	--- ( Rupees in '000') ---
Cash flows from operating activities
Cash generated from operations	457,384	166,273
Income tax paid	(297,474)	(103,521)
Finance cost paid	(12,725)	(6,501)
Gratuity paid	(624)	-
Net cash (used in ) generated from operating activities	146,561	56,251
Cash flows from investing activities
Purchase of property and equipment	(185,167)	(144,727)
License acquired	-	(57,034)
Investments made	4,502	(138,729)
Income received from saving account	4,693	2,177
Net cash used in investing activities	(175,972)	(338,313)
Cash flows from financing activities
Lease rentals paid	(3,346)	(1,568)
Net cash used in financial activities	(3,346)	(1,568)
Exchange difference on translation of foreign subsidiary	(13,154)	830
Net increase in cash and cash equivalents	(45,911)	(282,800)
Cash and cash equivalents at the beginning of the period	79,933	545,259
Cash and cash equivalents at the end of the period	34,022	262,459

The annexed notes from 1 to 25 form an integral part of these consolidated financial statements.

Chief Financial Officer

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Supernet Technologies Limited

Unconsolidated Condensed Interim Statement of Profit or Loss (Un-audited)

For the nine months ended March 31, 2026

	Nine months ended		Quarter ended
	March 31,		March 31,
	2026	2025	2026	2025
	( Rupees in '000')
	(Restated)		(Restated)
Revenue - Net	3,881,620	1,560,722	1,487,743	1,560,722
Cost of revenue	(2,902,911)	(1,260,285)	(1,039,193)	(1,260,285)
Gross profit	978,709	300,437	448,550	300,437
Administrative & other expenses	(332,079)	(154,060)	(94,029)	(159,368)
Distribution costs	(225,365)	(62,770)	(99,638)	(62,770)
Expected credit loss	(49,637)	-	(4,000)	-
Exchange gain / (loss)	3,051	(7,833)	(2,995)	(7,833)
	(604,030)	(224,663)	(200,662)	(229,971)
Other income	10,687	133,477	686	502
Operating profit	385,366	209,251	248,574	70,968
Finance costs	(49,176)	(113,257)	(38,263)	(4,263)
Profit before levy and taxation	336,190	95,994	210,311	66,705
Levy	(61,208)	(23,573)	(25,530)	(23,573)
Profit before taxation	274,982	72,421	184,781	43,132
Taxation	(87,328)	(63,865)	(57,084)	(63,865)
Profit / (loss) after taxation	187,654	8,556	127,697	(20,733)
Earnings per share - basic and diluted (Rs.)	1.74	0.08	1.19	(0.19)

Chief Financial Officer

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Supernet Technologies Limited

Unconsolidated Condensed Interim Statement of Comprehensive Income (Un-audited)

For the nine months ended March 31, 2026

	Nine months ended		Quarter ended
	March 31,		March 31,
	2026	2025	2026	2025
	( Rupees in '000')
Profit / (loss) after taxation	187,654	8,556	127,697	(20,733)
Other comprehensive income	-	-	-	-
Total comprehensive income for the period	187,654	8,556	127,697	(20,733)

Chief Financial Officer

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Supernet Technologies Limited

Unconsolidated Condensed Interim Statement of Financial Position (Un-audited)

As at March 31, 2026

	(Restated)
	March 31,
2026	June 30,
2025
	--- ( Rupees in '000') ---
Assets
Non-current assets
Property and equipment	977,744	961,853
Intangible assets	53,410	55,698
Right-of-use assets	5,237	7,659
Long-term investments	59,709	59,709
Long-term deposits	7,669	7,669
Deferred taxation - Net	68,883	60,443
	1,172,652	1,153,031
Current assets
Inventory	418,218	376,247
Trade debts	1,763,153	1,845,064
Advances, deposits and prepayments	525,821	338,760
Other receivables	518,166	594,858
Cash and bank balances	109,008	106,760
	3,334,366	3,261,689
Total assets	4,507,018	4,414,720

Chief Financial Officer

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Supernet Technologies Limited

Unconsolidated Condensed Interim Statement of Financial Position (Un-audited)

As at March 31, 2026

	March 31, 2026	(Restated) June 30, 2025
	--- ( Rupees in '000') ---
Equity and liabilities
Share capital & reserves
Authorised share capital
300,000,000 (June 2025: 300,000,000)ordinary shares of Rs.10/- each	3,000,000	3,000,000
Issued, subscribed and paid-up share capital	1,076,195	1,076,195
Reserves
Merger reserve	461,013	461,013
Unappropriated profit	98,301	(89,353)
	1,635,509	1,447,855
Non-current liabilities
Lease liabilities	7,302	5,744
Deferred liability	5,246	5,273
	12,548	11,017
Current liabilities
Trade and other payables	1,357,338	1,519,405
Due to related parties	1,407,753	1,234,968
Accrued markup	2,487	5,334
Contractual liability to customer	-	8,872
Unclaimed dividend	23	23
Current portion of lease liabilities and short term financing	77,422	150,224
Taxation - Net	13,938	37,022
	2,858,961	2,955,848
Total equity and liabilities	4,507,018	4,414,720

Contingencies & commitments

Chief Financial Officer

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Supernet Technologies Limited

Unconsolidated Condensed Interim Statement of Changes in Equity (Un-audited)

For the nine months ended March 31, 2026

	Issued, subscribed and paid-up share capital	Merger reserve	Revenue reserve	Total
			Un appropriated profit / (loss)
	( Rupees in '000')
Balance as at June 30, 2024	5,000	-	30,470	35,470
Profit for the period	-	-	8,556	8,556
Other comprehensive income	-	-	-	-
Total comprehensive income for the period	-	-	8,556	8,556
Bonus shares issued	55,000	-	(55,000)	-
Issuance of shares against merger	1,016,195	-	-	1,016,195
Merger reserve	-	461,013	-	461,013
Balance as at March 31, 2025 (Restated)	1,076,195	461,013	(15,974)	1,521,234
Balance as at June 30, 2025 (Restated)	1,076,195	461,013	(89,353)	1,447,855
Profit for the period	-	-	187,654	187,654
Other comprehensive income	-	-	-	-
Total comprehensive income for the period	-	-	187,654	187,654
Balance as at March 31, 2026	1,076,195	461,013	98,301	1,635,509

Chief Financial Officer

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Supernet Technologies Limited

Unconsolidated Condensed Interim Statement of Cashflows (Un-audited)

For the nine months ended March 31, 2026

	March 31, 2026	(Restated) March 31, 2025
	--- ( Rupees in '000') ---
Cash flows from operating activities
Cash generated from operations	450,310	204,747
Levy and income tax paid	(180,059)	(76,403)
Finance cost paid	(12,725)	(6,501)
Gratuity paid	(624)	-
Net cash generated from operating activities	256,902	121,843
Cash flows from investing activities
Purchase of property and equipment	(182,497)	(143,171)
Income received from saving account	465	52
Net cash used in investing activities	(182,032)	(143,119)
Cash flows from financing activities
Lease rentals paid	(3,346)	(1,568)
Net cash used in financing activities	(3,346)	(1,568)
Net increase / (decrease) in cash and cash equivalents	71,524	(22,844)
Cash and cash equivalents at the beginning of the period	(39,938)	(110,048)
Cash and cash equivalents at the end of the period	31,586	(132,892)

Chief Financial Officer