Lahore: Ghani Glass Limited has announced strong financial results for the third quarter and nine months ended March 31, 2026, reporting a solid increase in profitability driven by higher sales and improved operating performance. The company’s Board of Directors approved the results at its meeting held on April 28, 2026. No cash dividend, bonus shares, or right shares were declared.
For the third quarter, the company posted a profit after tax of Rs2.29 billion, up from Rs1.65 billion recorded in the corresponding period last year, reflecting a year-on-year growth of nearly 39%. Earnings per share (EPS) for the quarter improved to Rs2.29, compared with Rs1.65 a year earlier.
During the first nine months of FY2026, Ghani Glass earned Rs4.69 billion, compared with Rs4.38 billion in the same period of the previous year. Nine-month EPS increased to Rs4.69 from Rs4.39, highlighting the company’s consistent earnings growth.
The company’s net revenue for the nine-month period rose to Rs35.02 billion, compared with Rs33.46 billion in the corresponding period last year. Gross profit also improved to Rs9.69 billion from Rs9.34 billion, supported by higher sales volumes despite increased production costs.
Operating profit climbed to Rs5.61 billion, while profit before taxation reached Rs5.99 billion, reflecting the company’s ability to maintain healthy margins amid changing market conditions. The quarter also benefited from higher other income and a reduction in finance costs compared with the same period last year.
On the balance sheet, total assets stood at Rs54.93 billion as of March 31, 2026, compared with Rs52.44 billion at the end of June 2025. Shareholders’ equity also strengthened to Rs40.51 billion, supported by retained earnings generated during the period.
The Board of Directors decided not to recommend any cash dividend, bonus shares, rights issue, or other corporate action, opting instead to retain earnings for the company’s ongoing operations and future growth initiatives.
