Oct 28, 2026, 8:07 AM
AKD Hospitality reports quarterly profit growth despite lower revenue and NIL interim dividend
Financial ResultAKD Hospitality Limited reported results for the quarter ended 30 September 2026. Revenue fell to Rs. 750,000 from Rs. 1,500,000, while profit after tax rose to Rs. 4,396,657 from Rs. 438,685 and EPS increased to Rs. 1.75 from Rs. 0.17. Other income of Rs. 4,451,084 contributed to the current-quarter result. The company declared no interim dividend.
Key Findings
- Quarterly revenue declined year on year to Rs. 750,000 from Rs. 1,500,000.
- Profit after tax increased to Rs. 4,396,657 from Rs. 438,685; EPS rose to Rs. 1.75 from Rs. 0.17.
- Other income was Rs. 4,451,084, compared with nil in the prior-year quarter.
- The board recommended an interim dividend of NIL per share.
- Cash and bank balances were Rs. 6,052,314 at 30 September 2026, compared with Rs. 2,769,786 at 30 June 2026.
Financial Performance
| Metric | PreviousQuarter ended 30 September 2025 | CurrentQuarter ended 30 September 2026 | Change |
|---|---|---|---|
| Revenue from contracts with customers | 1,500,000 | 750,000 | -50% |
| Profit / (loss) after income tax | 438,685 | 4,396,657 | +902.2% |
| Earnings / (loss) per share - basic and diluted | 0.17 | 1.75 | +929.4% |
| Other income | - | 4,451,084 | - |
| Cash and bank balances | 2,769,786 | 6,052,314 | +118.5% |
| Interim dividend per share | - | NIL | - |
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.