ATBA swings to Rs336m loss in 1QFY27

According to Mettis Global, Atlas Battery Limited (PSX: ATBA) has posted a loss of Rs336.13m for the quarter ending September 30, 2026, after earning Rs50.46m in the same quarter a year earlier. Loss per share came to Rs9.60, compared with earnings of Rs1.44 per share in the prior-year quarter. The report pointed to lower sales, steep margin erosion and higher borrowing costs as the main drivers of the swing.

Net sales slipped 5% to Rs8.09bn from Rs8.48bn a year earlier, while cost of sales eased only 1% to Rs7.51bn. As a result, gross profit shrank 34% to Rs580.33m, down from Rs882.31m. Distribution and administrative expenses both declined, but operating profit collapsed 90% to Rs32.05m.

Finance costs climbed 26% to Rs278.98m from Rs220.71m, pushing the pre-tax loss to Rs348.63m. A net deferred tax credit of Rs12.50m, lower than Rs53.71m in the prior-year quarter, left the company with an after-tax loss of Rs336.13m for the period.