Gandhara Industries Limited has reported a strong financial performance for the period ended March 31, 2026, with both sales and profitability showing substantial year-on-year growth.
According to the company’s unaudited interim financial statements, the Board of Directors approved the results at its meeting held on April 17, 2026. The company did not recommend any cash dividend, bonus shares or right shares for the period.
Sales Nearly Double
Gandhara Industries recorded net sales of Rs42.83 billion during the nine-month period ended March 31, 2026, compared with Rs21.88 billion in the corresponding period of 2025. This represents an increase of approximately 96%, highlighting a significant expansion in the company’s revenue base.
The sharp rise in sales also translated into a substantial improvement in gross profit. Gross profit increased to Rs10.17 billion, compared with Rs5.21 billion a year earlier.
Profitability Shows Strong Improvement
The company’s profit from operations reached Rs8.52 billion, up from Rs3.99 billion in the same period last year.
After accounting for finance costs and taxation, Gandhara Industries posted a profit after tax of Rs5.27 billion, compared with Rs2.93 billion in the previous year. This translates into an increase of around 80%.
The improvement was also reflected in earnings per share. Basic and diluted EPS rose to Rs123.58, compared with Rs68.83 in the corresponding period of 2025.
Quarterly Performance Also Remains Strong
The company’s performance in the latest quarter was equally notable. Net sales for the quarter ended March 31, 2026 stood at Rs18.84 billion, compared with Rs10.31 billion in the same quarter last year.
Quarterly profit after tax increased to Rs2.52 billion, from Rs1.64 billion, while quarterly EPS improved to Rs59.16, compared with Rs38.38 a year earlier.
Assets and Equity Expand
Gandhara Industries’ total assets stood at approximately Rs36.28 billion as of March 31, 2026, compared with Rs29.30 billion at June 30, 2025.
Shareholders’ equity also increased considerably to Rs18.39 billion, compared with Rs13.55 billion at the end of June 2025. The company’s unappropriated profit rose to Rs11.16 billion from Rs6.31 billion during the same period.
Cash Position and Investment Activity
The cash flow statement shows that the company generated Rs3.26 billion in net cash from operating activities during the period, compared with Rs3.19 billion in the corresponding period.
At the same time, Gandhara Industries continued to invest in its business. Net cash used in investing activities amounted to approximately Rs2.98 billion, including investment made during the period and fixed capital expenditure.
Cash and cash equivalents stood at around Rs1.01 billion at March 31, 2026, compared with Rs1.22 billion at the beginning of the period.
No Dividend Announced
Despite the strong earnings growth, the company announced no cash dividend for the period. The April 17 communication also stated that no bonus shares, right shares or other entitlement had been recommended.
Overall, Gandhara Industries’ March 2026 results point to a year of strong operational momentum. The near doubling of sales, significant improvement in operating profit and an almost 80% rise in profit after tax underline the company’s stronger financial performance compared with the previous year.
