Oct 28, 2026, 12:35 PM
First Imrooz Modaraba reports first-quarter results for September 30, 2026
Financial ResultThe board approved unaudited financial statements for the quarter ended September 30, 2026. Year-on-year sales declined, but gross profit and operating profit rose, and the Modaraba reported net profit of Rs. 31.13 million versus a net loss in the comparable quarter.
Key Findings
- Sales were Rs. 237.83 million, down from Rs. 252.40 million in the comparable quarter.
- Operating profit rose to Rs. 45.02 million from Rs. 17.12 million.
- Net profit was Rs. 31.13 million, compared with a net loss of Rs. 2.19 million.
- Earnings per certificate were Rs. 10.38, compared with a loss of Rs. 0.73 per certificate.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Sales | 252,402,160 | 237,830,057 | -5.8% |
| Gross profit | 50,112,723 | 87,342,910 | +74.3% |
| Operating profit | 17,115,961 | 45,019,905 | +163% |
| Financial charges | (5,703,391) | (5,562,444) | +2.5% |
| Net Profit / (Loss) after taxation | (2,185,402) | 31,131,271 | +1,524.5% |
| Earnings / (Loss) per certificate - basic & diluted | (0.73) | 10.38 | +1,521.9% |
| Bank balances | 15,428,885 | 22,724,032 | +47.3% |
| Current portion of obligation under financing facilities - Secured | 160,402,982 | 161,018,012 | +0.4% |
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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.