Remala Abadi Surges: Djarum-Backed Tech Player Delivers Explosive 102% Profit Leap in Opening Quarter

JAKARTA, Investortrust.id — Remala Abadi (DATA), an emerging force in Indonesia’s fixed-broadband sector, is proving why it has become one of the most watched tech plays on the Indonesia Stock Exchange.

The company reported a massive 102% leap in net profit for the first quarter of 2026, clocking in at Rp 28.32 billion ($1.78 million). The surge follows a highly publicized move by the Djarum Group—the conglomerate owned by the billionaire Hartono family—which recently completed a jumbo 40% acquisition of the firm.

Remala Abadi’s triple-digit profit growth signals a major shift in the competitive landscape of Indonesia's digital economy. With Djarum's backing, DATA is no longer just a local ISP; it is rapidly transforming into a heavyweight contender capable of challenging established telecom giants. For investors, the explosive Q1 performance validates the "acquisition premium" and suggests that the company is effectively leveraging Djarum's vast ecosystem to capture high-margin corporate and residential demand.

Operational Efficiency and Top-Line Momentum

The company’s top-line performance was equally robust, with revenue climbing 37% to Rp 118.31 billion ($7.44 million). More impressively, DATA managed to keep its cost of revenue relatively flat at Rp 29.59 billion ($1.86 million), allowing a significant portion of its growth to flow directly to the bottom line.

This operational leverage pushed gross profits up to Rp 88.72 billion ($5.58 million), a substantial increase from Rp 58.51 billion in the prior year. The lean cost structure combined with surging demand for high-speed connectivity has effectively supercharged the company's profitability margins.

Surging Market Confidence

The bottom-line gains were reflected in a nearly 100% increase in basic earnings per share, which rose from Rp 9.96 to Rp 19.09. Total pre-tax profit reached Rp 41.11 billion ($2.58 million), a dramatic rise from the Rp 18.79 billion recorded in Q1 2025.

As the Indonesian government pushes for deeper digital penetration across the archipelago, Remala Abadi is positioning itself as a primary beneficiary. With a strengthened capital structure and a fresh infusion of corporate expertise, the company is demonstrating that it can scale rapidly while maintaining the efficiency that global tech investors demand.