TRG Pakistan swings to Rs7bn loss in FY26

TRG Pakistan Limited reported a net loss of Rs6.78bn for FY26, reversing a Rs3.92bn profit in FY25, Mettis Global reported. Loss per share was Rs12.43, compared with earnings per share of Rs7.19 a year earlier. The company’s share of loss was Rs9.11bn, versus a share of profit of Rs5.26bn in FY25.

Lower administrative expenses and a narrower operating loss partly offset the impact, while a Rs2.76bn tax credit also reduced the reported loss. Total comprehensive loss reached Rs10.35bn, compared with income of Rs4.65bn in the prior year, after a Rs3.57bn translation loss. In 1QFY27, net profit fell 59.89% year on year to Rs2.75bn, as its share of profit in an equity-accounted investee declined to Rs3.70bn from Rs8.30bn.