Oct 28, 2026, 8:48 AM
Waves Corporation reports higher quarterly profit and EPS for the quarter ended 30 September 2026
Financial ResultThe board approved Waves Corporation’s financial results for the period ended 30 September 2026. In the three months ended 30 September 2026, net profit rose to Rs. 549.172 million from Rs. 239.475 million, and EPS increased to Rs. 1.95 from Rs. 0.85 year on year. Net sales and gross profit declined. No dividend or other entitlement was announced.
Key Findings
- Quarterly net profit increased to Rs. 549.172 million from Rs. 239.475 million year on year.
- Quarterly EPS increased to Rs. 1.95 from Rs. 0.85.
- Quarterly net sales declined to Rs. 763.442 million from Rs. 855.999 million; gross profit declined to Rs. 242.253 million from Rs. 285.030 million.
- Quarterly profit from operations rose to Rs. 652.347 million from Rs. 355.812 million.
- The board declared no cash dividend, bonus, rights, or other entitlement.
Financial Performance
| Metric | PreviousThree months ended 30 September 2025 | CurrentThree months ended 30 September 2026 | Change |
|---|---|---|---|
| Sales - net | 855,999 | 763,442 | -10.8% |
| Gross profit | 285,030 | 242,253 | -15% |
| Profit from operations | 355,812 | 652,347 | +83.3% |
| Profit for the period | 239,475 | 549,172 | +129.3% |
| Earnings per share - basic and diluted (Rupees) | 0.85 | 1.95 | +129.4% |
| Finance cost | (109,091) | (87,652) | -19.7% |
| Cash and bank balances | 73,304 | 1,523,061 | +1,977.7% |
| Short term borrowings | 800,449 | 2,008,545 | +150.9% |
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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.