TPL Properties Reports Rs2.81 Billion Loss for FY2026, Declares No Dividend

Karachi, November 6, 2026: TPL Properties Limited has reported a consolidated net loss of Rs2.81 billion for the financial year ended June 30, 2026, compared with a net loss of Rs1.93 billion in the previous financial year.

According to the financial results submitted to the Pakistan Stock Exchange (PSX), the company’s loss before taxation from continuing and discontinued operations stood at approximately Rs2.94 billion, compared with Rs1.81 billion in FY2025.

The company’s consolidated revenue also recorded a significant decline during the year. Income fell to Rs2.19 billion in FY2026, compared with Rs455.17 million in the previous year, while the cost of services amounted to Rs99.38 million. The company reported a gross loss of Rs2.30 billion, against a gross profit of Rs303.98 million in FY2025.

Administrative and general expenses stood at Rs705.63 million, while finance costs amounted to Rs250.94 million. Other income was recorded at Rs477.02 million during the year.

The company’s consolidated financial statements further showed a loss per share of Rs5.01 for FY2026, compared with a loss per share of Rs3.45 in the preceding financial year.

On the balance sheet side, TPL Properties reported consolidated total assets of Rs7.87 billion as of June 30, 2026, compared with Rs12.56 billion a year earlier. Cash and bank balances stood at Rs1.39 billion, while total equity and liabilities amounted to Rs7.87 billion.

At the standalone level, the company recorded a net loss of Rs3.63 billion for FY2026, compared with Rs1.29 billion in FY2025. Its standalone loss per share increased to Rs6.47 from Rs2.29.

Meanwhile, the Board of Directors, in its meeting held on November 3, 2026, recommended no cash dividend, bonus shares, right shares or other entitlement for shareholders.

The company has also announced that its Annual General Meeting (AGM) will be held on November 27, 2026, at 11:00 AM in Karachi. The annual report will be transmitted through the Pakistan Unified Corporate Actions and Reporting System (PUCARS) at least 21 days before the meeting.

The latest financial results highlight a challenging financial year for TPL Properties, with higher consolidated losses and a decline in its reported asset base. Investors will be watching the company’s upcoming AGM and future financial developments for further insight into its business outlook.