HUM Network Limited has announced an interim cash dividend of Re.0.5 per share (50%) for the third quarter ended March 31, 2026, alongside its financial results for the nine-month period, approved by the company’s Board of Directors in a meeting held on April 30, 2026.
According to the unconsolidated financial statements, HUM Network reported a profit after tax of Rs1.15 billion for the nine months ended March 31, 2026, compared to Rs1.89 billion recorded in the corresponding period last year, reflecting a decline of nearly 39%. Earnings per share (EPS) stood at Rs1.01, down from Rs1.66 in the same period of the previous year. Revenue also decreased to Rs5.55 billion from Rs6.36 billion a year earlier.
For the third quarter alone, the company posted a profit of Rs320.7 million, compared with Rs602.4 million in the corresponding quarter of last year. Quarterly EPS declined to Rs0.28 from Rs0.53.
On a consolidated basis, HUM Network reported revenue of Rs6.76 billion during the nine-month period, down from Rs9.61 billion in the same period last year. Consolidated profit attributable to shareholders stood at Rs557.6 million, compared with Rs1.68 billion a year earlier, while consolidated EPS fell to Rs0.49 from Rs1.48.
Despite the decline in profitability, the board declared the interim cash dividend, which will be paid to shareholders whose names appear in the register of members on May 11, 2026. The company’s share transfer books will remain closed from May 12 to May 15, 2026, both days inclusive.
As of March 31, 2026, HUM Network’s unconsolidated total assets increased to Rs15.59 billion, compared with Rs13.38 billion at the end of June 2025, supported by growth in trade receivables and cash balances. Shareholders’ equity rose to Rs13.11 billion from Rs11.96 billion during the same period.
The media company continues to maintain a strong balance sheet despite facing pressure on revenues and earnings during the current financial year, while rewarding shareholders through a cash payout.
