Oct 22, 2026, 3:08 PM
First Elite Capital Modaraba reports a higher quarterly loss
Financial ResultFor the quarter ended September 30, 2026, First Elite Capital Modaraba reported a loss after taxation of Rs. 2.629 million, compared with a loss of Rs. 1.926 million in the same quarter last year. Total income declined year on year, and loss per certificate widened. The board recommended no cash dividend, bonus certificates, or rights certificates.
Key Findings
- Total income was Rs. 10,003,053, down from Rs. 11,382,331 in the comparable quarter.
- Loss after taxation increased to Rs. 2,629,029 from Rs. 1,925,785.
- Loss per certificate widened to Rs. 0.23 from Rs. 0.17.
- Financial charges declined to Rs. 1,124 from Rs. 2,374.
- The board recommended NIL cash dividend, bonus certificates, and right certificates.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Total income | 11,382,331 | 10,003,053 | -12.1% |
| Operating loss | (1,783,506) | (2,503,991) | -40.4% |
| Loss after taxation | (1,925,785) | (2,629,029) | -36.5% |
| Earnings/(Loss) per certificate - Basic and diluted | (0.17) | (0.23) | -35.3% |
| Financial charges | 2,374 | 1,124 | -52.7% |
| Cash and bank balances | 23,519,160 | 17,866,229 | -24% |
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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.