Otsuka Pakistan Limited has reported a sharp improvement in its financial performance for the nine months ended March 31, 2026, with profit after tax rising to Rs380.07 million, compared with Rs59.44 million in the same period last year.
According to the company’s unaudited financial statements, revenue from contracts with customers increased to Rs3.04 billion during the nine-month period, up from Rs2.67 billion a year earlier. This represents growth of around 14%.
The company’s gross profit showed an even stronger improvement, climbing to Rs1.04 billion from Rs573.71 million in the corresponding period of 2025. Selling and distribution expenses increased to Rs471.78 million, while administrative and general expenses stood at Rs149.22 million.
Despite higher operating expenses, Otsuka Pakistan’s operating profit surged to Rs597.75 million, compared with Rs144.68 million last year. The company also recorded other income of Rs237.12 million, contributing to the significant improvement in overall profitability.
Profit before tax reached Rs590.89 million, compared with Rs141.08 million in the same nine-month period of 2025. After taxation of Rs210.82 million, profit for the period stood at Rs380.07 million.
The strong earnings growth was also reflected in earnings per share. Basic and diluted EPS rose to Rs31.41, compared with Rs4.91 a year earlier.
Strong fourth-quarter performance
Otsuka Pakistan also reported a substantial improvement in its quarterly results for the three months ended March 31, 2026. Revenue for the quarter amounted to Rs774.18 million, compared with Rs884.76 million in the same quarter last year.
However, improved margins helped lift quarterly gross profit to Rs262.51 million, against Rs231.31 million a year earlier. Operating profit increased to Rs93.27 million, compared with Rs30.75 million in the corresponding quarter.
Quarterly profit after tax more than quadrupled to Rs50.32 million, from Rs12.59 million in the same period of 2025. Quarterly EPS consequently increased to Rs4.16, compared with Rs1.04.
Equity position strengthens
The company’s improved profitability also strengthened its shareholders’ equity. Total shareholder equity increased to Rs1.08 billion as of March 31, 2026, compared with Rs695.78 million at June 30, 2025.
Revenue reserves rose to Rs954.85 million, including unappropriated profit of Rs462.87 million.
On the balance-sheet side, total assets stood at Rs2.77 billion at March 31, 2026, compared with Rs2.55 billion at June 30, 2025. Current assets increased to Rs2.02 billion, while non-current assets stood at Rs746.27 million.
No interim dividend announced
Despite the significant improvement in earnings, Otsuka Pakistan’s board did not announce an interim cash dividend for the quarter. The company also declared no bonus shares and no right shares in its April 22, 2026 notification to the Pakistan Stock Exchange.
Overall, the results point to a considerably stronger financial position for Otsuka Pakistan during the nine months ended March 31, 2026, with substantial growth in profitability, earnings per share and shareholders’ equity.
