"Shaheen-II Missile is capable of carrying both conventional and nuclear warheads upto a range of 1,500 kilometres".
The training launch was aimed at ensuring the operational readiness of Army Strategic Forces Command, responsible for Pakistan's ballistic missile forces.
The test launch was conducted a day after the Indian Air Force test fired an air launched version of the BrahMos supersonic cruise missile from its frontline Su-30 MKI fighter aircraft.
No mention of India was made, but the statement was given after heightened tensions between India and Pakistan, which risked escalating into a war over the disputed Kashmir region.
India launched its attack on Pakistani soil on February 26, days after a deadly attack in Pulwama in Indian-administered Kashmir earlier that month that Indian authorities blamed on Pakistan.
The president and the prime minister have also conveyed their congratulations on the successful launch of the missile. The terror attack was claimed by Pakistan-based terror group Jaish-e-Mohammed.
On Wednesday, Pakistani Foreign Minister Shah Mehmood Qureshi briefly met his Indian counterpart Sushma Swaraj on the sidelines of a Shanghai Cooperation Organisation (SCO) meeting in Bishkek, the Kyrgyz capital. Pakistani Prime Minister Imran Khan has said he believed dialogue with India would be easier if the nationalist Hindu party of Modi, Bharatiya Janata Party (BJP), won the election.
"We never speak bitterly, we want to live like good neighbors and settle our outstanding issues through talks", he said following the encounter, in which Swaraj presented him with a gift of candies.
It was the highest-level interaction between the two countries since February's conflict when nearly all bilateral dialogue was suspended by India.