Karachi: Macpac Films Limited (PSX: MACFL) reported a strong financial performance for the nine months ended March 31, 2026, posting a significant increase in profitability driven by higher sales and improved operating performance. The company’s board also announced that it would not recommend any cash dividend, bonus shares, right shares, or any other corporate action for the period.
According to the company’s unaudited financial statements, net revenue from contracts with customers rose to Rs4.94 billion during the nine-month period, compared to Rs4.47 billion in the corresponding period last year, reflecting healthy growth in demand for its products. The increase in revenue helped gross profit climb to Rs714.81 million, up from Rs522.99 million a year earlier.
Macpac Films recorded an operating profit of Rs193.23 million, almost doubling from Rs100.77 million reported in the same period of the previous year. Although finance costs increased to Rs113.15 million from Rs76.25 million, stronger operating performance and higher other income enabled the company to maintain robust earnings growth.
As a result, profit after taxation surged 56.5% to Rs113.99 million, compared with Rs72.85 million in the corresponding nine months of FY2025. Earnings per share (EPS) improved to Rs1.92, up from Rs1.23 in the previous year, indicating stronger returns for shareholders.
The company’s quarterly performance was even more impressive. For the three months ended March 31, 2026, Macpac Films posted a profit after tax of Rs108.60 million, compared with Rs60.98 million in the same quarter last year. Quarterly EPS increased to Rs1.83, versus Rs1.03 previously, highlighting continued operational momentum.
Macpac Films also strengthened its financial position during the period, with total assets increasing to Rs5.46 billion as of March 31, 2026, compared with Rs5.27 billion at the end of June 2025. Shareholders’ equity also improved, supported by higher retained earnings generated during the period.
Despite the encouraging financial results, the company’s Board of Directors decided not to declare any interim cash dividend or announce any bonus or right shares for shareholders.