Systems Limited (PSX: SYS), Pakistan’s leading technology and digital transformation company, announced its financial results for the nine months ended September 30, 2025, reporting a substantial 46 percent year-on-year increase in profit after tax (PAT) to Rs7.94 billion compared to Rs5.43 billion in the same period last year. The strong performance highlights the company’s sustained growth momentum across both domestic and international markets, supported by increasing demand for enterprise technology and digital solutions.
Earnings per share rose to Rs5.42, up from Rs3.71 in the corresponding period of FY24, reflecting Systems’ solid profitability and operational efficiency. The company’s revenue from contracts with customers reached Rs57.42 billion, representing a 19 percent year-on-year growth, driven by continued expansion in IT services across financial, telecom, retail, and technology verticals.
Gross profit climbed 33 percent year-on-year to Rs15.42 billion, supported by improved operational efficiency and a favorable revenue mix. The company’s gross margins expanded, highlighting its ability to optimize delivery costs while maintaining service excellence. Operating profit rose 33 percent year-on-year to Rs8.46 billion, reflecting disciplined cost management and sustained client demand across multiple geographies.
Operating expenses, excluding the cost of sales, stood at Rs6.97 billion — up 34 percent year-on-year — primarily due to higher selling and administrative costs associated with business expansion initiatives and scaling of operations in new markets. Other income surged to Rs704 million, providing a boost to overall profitability, while finance costs declined 36 percent to Rs246 million, underscoring improved working capital management and stronger cash flows.
After accounting for a Rs566 million levy and Rs319 million in taxes, Systems Limited reported a profit before tax of Rs8.26 billion, marking a 43 percent increase compared to the same period last year.
Among its business segments, the Banking and Financial Services (BFS) vertical continued to be the leading revenue contributor, driven by strong digital transformation projects and improved margins. The Telecom (Telco) segment remained the fastest-growing vertical, benefiting from large-scale modernization projects, while the Retail and Technology divisions emerged as key profit drivers due to high-value digital and data analytics engagements.
The management reaffirmed its strategic focus on BFS and Telco, highlighting that several AI-driven use cases are being deployed to accelerate digital transformation for enterprise clients. These initiatives reflect the company’s commitment to embedding artificial intelligence, automation, and cloud solutions across its service lines.
On the geographical front, Systems Limited reported strong performance across all five operating regions. The Asia-Pacific (APAC) region showed a solid rebound after a brief slowdown last year, while the Middle East and Africa (MEA) markets continued to post robust growth, largely driven by strategic partnerships and enterprise client expansion. MEA-based clients increasingly view Systems as a specialized delivery and innovation hub, particularly within the AI, data, and cloud ecosystems.
A major development for the coming quarter is Systems’ partnership with British American Tobacco (BAT), marking a significant expansion of its global shared services operations. The company also plans to establish a new subsidiary in the United Kingdom, which will strengthen its market access, deepen enterprise relationships, and enhance its delivery capabilities across Europe and North America.
Looking ahead, Systems Limited remains focused on pursuing large-scale digital transformation projects, strategic alliances, and potential mergers and acquisitions to drive inorganic growth and broaden its global footprint. With a strong financial foundation and expanding international presence, the company continues to cement its position as a leading technology player from Pakistan on the global stage.
Follow the PakBanker Whatsapp Channel for updated across Pakistan’s banking ecosystem.