Lahore: Ghani Value Glass Limited has announced its financial results for the nine months ended March 31, 2026, reporting solid revenue growth despite a decline in net profit amid rising taxation and an increasingly challenging operating environment.
According to the company’s third-quarter financial statements, net revenue increased by 10.9% year-on-year to Rs. 5.01 billion, compared with Rs. 4.52 billion recorded during the corresponding period last year. Gross profit also improved to Rs. 1.81 billion, up from Rs. 1.68 billion, reflecting stronger sales performance and improved operational efficiency.
However, the company posted a net profit of Rs. 773.28 million, down from Rs. 861.62 million in the same period of FY25. As a result, earnings per share (EPS) declined to Rs. 5.16, compared with Rs. 5.75 a year earlier, primarily due to a higher tax charge despite improved operating profitability.
Operating profit rose to Rs. 1.08 billion, supported by increased revenue and gross margins. Meanwhile, other income climbed to Rs. 173.83 million, helping strengthen the company’s overall operating performance during the period.
In its directors’ report, the company highlighted that Pakistan’s macroeconomic environment has shown signs of stabilization during the third quarter, supported by easing inflation, stronger foreign exchange reserves, improved business confidence, and growth in the manufacturing sector. These developments have provided a more favorable backdrop for industries such as glass manufacturing.
Despite these positive trends, the management cautioned that regional geopolitical tensions, particularly the conflict involving Iran, have increased energy and raw material costs, placing pressure on energy-intensive industries like glass manufacturing. The company noted that higher fuel prices and supply chain disruptions could continue to weigh on production costs, export competitiveness, and profit margins in the coming months.
Ghani Value Glass expressed appreciation to its customers, employees, suppliers, shareholders, and financial institutions for their continued trust and support, reaffirming its commitment to navigating market challenges while pursuing sustainable growth.
