Systems Limited reported a 14 percent year-on-year increase in consolidated profit after tax (PAT) for the nine months ended September 2026. The company's consolidated profit after tax reached Rs. 9.085 billion, compared to Rs. 7.973 billion during the same period last year.
Earnings per share rose to Rs. 5.93 from Rs. 5.21 in the previous year's corresponding period. Net sales grew 33 percent to reach Rs. 76.492 billion.
For the third quarter of 2026 alone, the firm recorded a consolidated profit after tax of Rs. 3.035 billion, marking a 9 percent year-on-year increase. Third-quarter earnings per share reached Rs. 1.98.
The company did not announce any dividend. Sales in the Middle East grew 26 percent during the third quarter, while North American sales increased by 41 percent.
Growth in North America was partly attributed to the acquisition of Confiz. Gross margin stood at 25 percent in the third quarter, down from approximately 30 percent a year earlier.
The domestic segment's margin improved to 21 percent, up from 16 percent in the same period last year. Administrative expenses rose 42 percent to Rs. 6.340 billion.
Finance costs increased 103 percent to Rs. 499 million.
