Tasdeeq Information Services Limited has reported a significant improvement in its financial performance for the nine months ended September 30, 2026, with revenue and net profit increasing substantially compared with the corresponding period last year.
According to the company’s unaudited financial results submitted to the Pakistan Stock Exchange (PSX), Tasdeeq recorded revenue of approximately Rs354.14 million during the nine-month period, compared with Rs216.56 million in the same period of 2025, representing an increase of around 63.5%.
The company’s profitability also improved considerably. Net profit reached Rs92.94 million, up from Rs32.53 million in the corresponding period last year. This represents an increase of approximately 185.7%, reflecting a stronger financial performance during the period under review.
Operating Profit Shows Significant Improvement
Tasdeeq’s operating profit rose to Rs125.87 million for the nine months ended September 30, 2026, compared with Rs28.23 million in the same period of the previous year. The increase highlights the company’s improved operating performance, although general and administrative expenses and selling and marketing expenses also increased during the period.
Gross profit reached Rs268.19 million, compared with Rs131.07 million a year earlier. Meanwhile, profit before income tax increased to Rs108.19 million from Rs22.17 million in the corresponding period of 2025.
Earnings per share also improved, reaching Rs0.10 for the nine-month period, compared with Rs0.04 in the previous year.
Stronger Financial Position
The company’s financial position strengthened during the period. Total assets stood at approximately Rs1.23 billion as of September 30, 2026, compared with Rs747.66 million at December 31, 2025.
Current assets increased significantly to Rs532.15 million from Rs75.88 million at the end of 2025. Bank balances rose to Rs429.86 million, compared with Rs7.46 million at December 31, 2025.
The company’s equity and reserves also improved, reaching Rs1.11 billion at the end of September 2026, compared with Rs593.91 million at the end of the previous year. The financial statements show that the company issued additional shares during the period and recorded a share premium of Rs274.74 million.
Cash Flow and Investment Activities
Tasdeeq generated net cash flows of Rs63.19 million from operating activities during the nine months, compared with Rs51.74 million in the corresponding period of 2025.
The company reported net cash used in investing activities of Rs52.99 million, primarily reflecting capital expenditure and additions to capital work in progress. Financing activities generated net cash of Rs412.19 million, contributing to a substantial increase in cash and cash equivalents, which reached Rs429.86 million at September 30, 2026.
No Dividend Announced
In its October 23, 2026 filing with the Pakistan Stock Exchange, the company’s Board of Directors did not recommend a cash dividend, bonus shares, or right shares. The company stated that its quarterly report for the period ended September 30, 2026, would be submitted separately within the specified timeframe.
Outlook
Tasdeeq Information Services Limited’s latest financial results show substantial growth in revenue, operating profit, and net earnings compared with the corresponding period of 2025. The improvement in operating cash flow and the stronger balance sheet also stand out in the reported figures.
Investors will be watching the company’s subsequent financial disclosures for further information about its business performance and future prospects. While the reported results indicate significant year-on-year progress, future performance will depend on the company’s ability to sustain revenue growth, manage expenses, and maintain profitability.
