Pace (Pakistan) Limited Reports Strong Quarterly Profit of Rs. 569.6 Million
Pace (Pakistan) Limited has announced its financial results for the quarter ended September 30, 2026, reporting an unconsolidated profit after taxation of Rs. 569.6 million. The company’s latest financial statements highlight its performance during the first quarter of the 2026-27 financial year.
According to the financial results submitted to the Pakistan Stock Exchange (PSX) on October 16, 2026, the company’s board of directors reviewed the quarterly performance at a meeting held on October 16 in Lahore.
Unconsolidated Profit Shows Significant Growth
Pace (Pakistan) Limited recorded revenue of Rs. 303.7 million for the quarter ended September 30, 2026, compared with Rs. 151.6 million in the corresponding period of the previous year.
The company reported gross profit of Rs. 152.4 million, up from Rs. 86.7 million a year earlier. Profit from operations reached Rs. 674.1 million, compared with Rs. 370.5 million in the same period last year.
After accounting for finance costs, foreign currency-related gains or losses, minimum tax and taxation, the company posted an unconsolidated profit after taxation of Rs. 569.6 million, against Rs. 362.1 million in the corresponding quarter of 2025.
Earnings per share also improved, rising to Rs. 1.19 from Rs. 0.76 in the previous year’s comparable period.
Consolidated Financial Performance
The company’s consolidated financial results also showed an increase in profitability. Pace (Pakistan) Limited reported consolidated revenue of Rs. 303.7 million for the quarter, compared with Rs. 444.4 million in the same period last year.
Consolidated profit from operations stood at Rs. 83.4 million, while profit before taxation reached Rs. 139.5 million. After taxation, consolidated profit amounted to Rs. 115.8 million, compared with Rs. 305.6 million in the corresponding period of 2025.
Consolidated earnings per share stood at Rs. 0.24, down from Rs. 0.64 a year earlier. These figures indicate that the company’s consolidated results differed considerably from its standalone performance.
Board Meeting and Dividend Announcement
The board of directors reviewed and recommended the quarterly financial statements for the period ended September 30, 2026. The company stated that it had not declared any payout for the period; therefore, no book closure was required.
The company also confirmed that it was transmitting its quarterly accounts to the Pakistan Stock Exchange electronically in accordance with the applicable reporting requirements.
Outlook for Investors
Pace (Pakistan) Limited’s latest results present a mixed picture. Its standalone financial statements show higher revenue, improved operating profit and increased earnings per share. However, the consolidated results reflect lower revenue, net profit and earnings per share compared with the previous year’s corresponding quarter.
Investors may wish to examine both sets of financial statements, along with the accompanying notes, to understand the factors behind these differences and assess the company’s overall financial position.
The quarterly results provide an important update for shareholders and market participants tracking Pace (Pakistan) Limited’s financial performance during the 2026-27 financial year.
