Service Industries’ 9M profit rises 12% to Rs13bn

Mettis Global reported that Service Industries Limited (SRVI) recorded consolidated profit after tax of Rs13.40bn for the nine months ended September 30, 2026, up 12.41% from Rs11.92bn a year earlier. Basic and diluted earnings per share rose 7.20% to Rs15.78.

Net revenue increased 19.97% to Rs130.86bn, while gross profit advanced 29.30% to Rs32.41bn as cost of sales grew more slowly than revenue. Operating profit climbed 37.41% to Rs19.37bn, and finance costs fell 10.21% to Rs3.67bn.

The increase in profit before tax was much steeper, at 57.93%, but a Rs2.34bn tax charge weighed on the final result; the prior-year period had a tax credit of Rs1.96bn. The figures show stronger operating performance alongside a tax reversal that limited growth in the reported bottom line.