First Paramount Modaraba Reports Strong Profit Growth for FY2026, Earnings Per Certificate Reach Rs11.53
First Paramount Modaraba has reported a significant improvement in its financial performance for the year ended June 30, 2026, with profit after taxation increasing to Rs156.62 million compared with Rs23.90 million in the previous financial year.
According to the financial results approved by the Board of Directors on November 3, 2026, First Paramount Modaraba delivered a substantial improvement in profitability during FY2026, reflecting stronger overall financial performance and contributions from various income streams.
The company’s unconsolidated financial statements show that profit after taxation reached Rs156.62 million, compared with Rs23.90 million in FY2025. Earnings per certificate also improved considerably, rising to Rs11.53 from Rs1.73 in the preceding year.
Financial Performance Shows Significant Improvement
First Paramount Modaraba recorded total income of approximately Rs81.52 million during FY2026, compared with Rs97.31 million in FY2025. Income from trading operations stood at Rs55.78 million, while income from Murabaha financing amounted to Rs16.30 million.
The company also reported income from AML of approximately Rs9.45 million. These income streams contributed to its overall financial performance during the year.
Profit before levy and taxation increased to Rs162.78 million, compared with Rs31.98 million in the previous financial year. The reported profit before taxation stood at Rs135.12 million.
The financial statements also reflected a net gain on business combination of approximately Rs17.27 million, along with other income of Rs18.40 million.
Consolidated Results Reflect Stronger Earnings
The consolidated financial statements also demonstrated substantial improvement. Consolidated profit after taxation reached approximately Rs154.69 million for FY2026, compared with Rs23.55 million in FY2025.
Consolidated earnings per certificate increased to Rs11.39 from Rs1.71, highlighting the improvement in reported earnings.
The consolidated balance sheet showed total assets of approximately Rs804.75 million as of June 30, 2026, compared with Rs510.67 million a year earlier. This reflects an expansion in the company’s reported asset base.
Dividend and Bonus Announcement
Alongside its financial results, the company announced that no cash dividend, bonus shares or right shares would be distributed to certificate holders for the year ended June 30, 2026.
The announcement was made in accordance with the applicable regulatory restrictions referred to in the company’s notice.
Annual Review Meeting Scheduled for November 27
First Paramount Modaraba has scheduled its Annual Review Meeting for Friday, November 27, 2026, at 3:30 PM. The meeting will take place at the company’s registered office in P.E.C.H.S., Block 2, Karachi.
The certificate transfer book will remain closed from November 26 to November 27, 2026, both days inclusive.
The company has also stated that its annual report will be available to certificate holders at least 21 days before the Annual Review Meeting.
Outlook
First Paramount Modaraba’s FY2026 financial results highlight a considerable improvement in annual profitability and earnings per certificate. The increase in both unconsolidated and consolidated profits represents a positive development for the company’s financial performance.
However, the absence of a cash dividend means certificate holders will not receive a direct cash distribution for the financial year. Investors may continue to monitor the company’s future earnings, financing activities and overall business performance to assess its growth prospects.
The latest results provide an important update on First Paramount Modaraba’s financial position and performance as it enters the next financial year.
