Pakistan Telecommunication Company Limited has earned Rs 1,909.018 million as profit after tax in the quarter ended March 31, 2009 as compared to Rs 2,977.335 million earned in the corresponding period in 2008. The board of directors of the company in its meeting held on Thursday declared that the company's earning per share stood at Re. 0.37 in this period against Re. 0.58 in the same period last year.
According to the financial results, the company's gross revenue declined to Rs 13.892 billion in this quarter against Rs 16.249 billion in the same quarter a year back. The company's operating cost declined to Rs 12.035 billion against Rs 12.716 billion. The company's profit before tax declined to Rs 2.868 billion in three month period in 2009 against Rs 4.398 billion in the same period in 2008.