According to its Price Sensitive Information disclosure, total revenue grew by 25% to Tk496 crore, up from Tk396 crore in the previous fiscal year.
State-owned submarine cable operator Bangladesh Submarine Cables reported a 37.47% year-on-year increase in net profit for the 2025–26 fiscal year, reaching Tk283 crore, and recommended a 47.50% cash dividend for its shareholders.
The annual audited financial statements were approved on Thursday at a meeting of the company’s Board of Directors.
According to its Price Sensitive Information disclosure, total revenue grew by 25% to Tk496 crore, up from Tk396 crore in the previous fiscal year.
The company attributed its top-line growth to increased demand across core business segments – including International Private Leased Circuit (IPLC) rent, IP transit services, and co-location services – supported by management initiatives and favourable government policies.
Its diluted earnings per share (EPS) stood at Tk13.61, up from Tk9.93 in the prior fiscal year, driven primarily by operational business growth alongside higher interest and other income, with no significant extraordinary transactions recorded during the period.
The record date for determining shareholder eligibility for the dividend has been set for 17 November, and the company will hold its Annual General Meeting (AGM) virtually on 20 December 2026.
Source: The Business Standard
Read More at: csslbd.net
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