KARACHI: Hafiz Limited reported a quarterly loss for the third quarter of FY2025-26, while its cumulative earnings for the first nine months of the financial year remained profitable, according to the company’s financial results submitted to the Pakistan Stock Exchange (PSX).
For the quarter ended March 31, 2026, the company posted a net loss of Rs2.88 million, compared with a net profit of Rs0.56 million recorded in the corresponding quarter last year. This translated into a loss per share (LPS) of Rs2.40, versus earnings per share (EPS) of Rs0.47 a year earlier.
The quarterly downturn came as Hafiz Limited reported a loss before taxation of Rs2.80 million, primarily driven by a significant rise in other losses during the period, despite rental income remaining broadly stable at around Rs10.15 million. Administrative expenses also edged higher, weighing on overall profitability.
Despite the weak third-quarter performance, the company’s cumulative results for the nine months ended March 31, 2026 remained positive. Hafiz Limited earned a net profit of Rs20.87 million, compared with Rs23.68 million in the same period of the previous year, reflecting a year-on-year decline of nearly 12%. Earnings per share for the nine-month period stood at Rs17.39, down from Rs19.73 recorded last year.
The company generated rental income of Rs32.09 million during the nine months, while profit before taxation reached Rs25.63 million. Total assets increased to approximately Rs675.48 million as of March 31, 2026, compared with Rs657.29 million at the end of June 2025, supported by growth in property, plant and equipment as well as short-term investments.
Hafiz Limited’s board of directors did not recommend any cash dividend, bonus shares, or right shares along with the announcement of the third-quarter financial results.
While the company remained profitable on a cumulative basis, the third-quarter loss highlights the impact of increased non-operating losses and higher expenses, underscoring the challenges faced during the period. Investors will likely monitor whether the company can restore quarterly profitability in the final quarter of the financial year.
