First Equity Modaraba reports annual loss of Rs 11.83 million for FY2026

Financial Result

First Equity Modaraba reported a net loss of Rs 11.83 million for the year ended June 30, 2026, compared with a profit of Rs 46.09 million in the prior year. Operating loss widened to Rs 43.94 million, and loss per certificate was Rs 0.23. The statement also records an impairment loss of Rs 56.99 million. The board recommended no cash dividend, bonus shares, or rights shares.

Key Findings

Revenue increased to Rs 42.30 million from Rs 21.49 million.
Operating loss widened to Rs 43.94 million from Rs 7.56 million.
Net result swung to a loss of Rs 11.83 million from a profit of Rs 46.09 million.
Loss per certificate was Rs 0.23, compared with earnings per certificate of Rs 0.88.
The accounts report an impairment loss of Rs 56.99 million; the board recommended nil cash dividend.

Financial Performance

Metric	PreviousYear ended June 30, 2025	CurrentYear ended June 30, 2026	Change
Income	21,492,675	42,304,835	+96.8%
Operating loss	(7,556,900)	(43,939,314)	-481.4%
(Loss) / profit after income tax	46,089,943	(11,833,975)	-125.7%
(Loss) / earnings per certificate - basic and diluted	0.88	(0.23)	-126.1%
Financial charges	(6,345)	(19,922)	+214%
Bank balances	18,926,528	55,344,299	+192.4%
Cash 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.

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First Equity Modaraba reports annual loss of Rs 11.83 million for FY2026

Key Findings

Financial Performance

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