TPL Trakker Limited has reported a consolidated net loss of Rs125.01 million for the quarter ended September 30, 2026, compared with a loss of Rs72.85 million in the corresponding period last year, reflecting increased financial pressure on the company.
According to the financial results submitted to the Pakistan Stock Exchange (PSX), the company’s consolidated revenue declined to Rs431.41 million during the quarter, compared with Rs446.31 million in the same period of the previous year.
The company’s gross profit also decreased to Rs89.53 million from Rs106.45 million a year earlier, indicating pressure on its profitability. Meanwhile, the consolidated operating loss stood at Rs3.65 million, compared with an operating profit of Rs16.95 million in the corresponding quarter last year.
Finance costs remained a major challenge, increasing to Rs79.89 million from Rs72.53 million in the previous year’s quarter. Consequently, the company recorded a consolidated loss before taxation of Rs119.54 million, compared with Rs72.85 million previously.
After accounting for taxation, TPL Trakker posted a net loss of Rs125.01 million, against Rs72.85 million in the corresponding period last year. The loss per share also increased to Rs0.67 compared with Rs0.39 in the same quarter of the previous year.
On a standalone basis, the company recorded revenue of Rs285.82 million, compared with Rs280.37 million in the corresponding quarter last year. However, its net loss increased to Rs132.99 million from Rs76.21 million, while loss per share rose to Rs0.71 from Rs0.41.
Despite reporting a consolidated loss, TPL Trakker generated positive net cash from operating activities of Rs138.25 million during the quarter, compared with Rs37.93 million in the same period last year. This indicates an improvement in operating cash generation, although the company continues to face profitability challenges.
The company’s consolidated total assets stood at Rs5.45 billion as of September 30, 2026, compared with Rs5.42 billion at June 30, 2026.
Separately, the Board of Directors, in its meeting held on November 2, 2026, decided not to announce any cash dividend, bonus shares, right shares or other entitlement for the quarter ended September 30, 2026.
The company’s latest results highlight the challenges facing its profitability, particularly from finance costs and declining gross profit. Investors will likely monitor revenue performance, cost management and the company’s ability to improve earnings in the coming quarters.
