KARACHI: Thal Limited delivered an exceptional financial performance for the nine months ended March 31, 2026, reporting a sharp increase in profitability driven by higher revenue and a significant rise in other income.
According to the company’s unaudited financial results, unconsolidated profit after tax surged to Rs8.56 billion, compared with Rs1.90 billion recorded during the same period last year, representing an increase of more than 350%. Earnings per share (EPS) climbed to Rs105.69, up from Rs23.45 a year earlier.
The company’s revenue from contracts with customers rose by 29.1% to Rs26.95 billion, compared with Rs20.89 billion in the corresponding period of last year. Gross profit also improved to Rs2.76 billion, reflecting stronger business activity despite higher operating expenses.
A major contributor to the earnings growth was a substantial increase in other income, which jumped to Rs9.58 billion from Rs2.64 billion in the same period last year. This helped lift profit before taxation to Rs9.86 billion, compared with Rs2.33 billion previously. Finance costs, meanwhile, declined to Rs296.05 million from Rs484.10 million, providing additional support to the bottom line.
For the third quarter alone, Thal Limited reported a profit after tax of Rs3.93 billion, significantly higher than Rs555.04 million recorded in the corresponding quarter of the previous year. Quarterly earnings per share stood at Rs48.51, compared with Rs6.85 a year earlier.
The company’s financial position also strengthened during the period. Total assets increased to Rs52.87 billion as of March 31, 2026, from Rs45.35 billion at the end of June 2025, while shareholders’ equity rose to Rs39.87 billion from Rs33.09 billion, reflecting the strong profit generated during the period.
The Board of Directors approved the nine-month financial statements at its meeting held on April 27, 2026. The company announced no cash dividend, bonus shares, or right shares alongside the results.
