KARACHI: Ghani Glass Limited reported a solid financial performance for the nine months ended March 31, 2026, posting a 7% year-on-year increase in profit after tax, supported by higher revenues and improved operational performance despite ongoing economic and geopolitical challenges.

According to the company’s third-quarter financial statements, net sales climbed to PKR 35.02 billion during the first nine months of FY2025-26, compared with PKR 33.46 billion in the corresponding period last year. Gross profit also improved to PKR 9.69 billion, up from PKR 9.34 billion a year earlier.

Profit after tax reached PKR 4.69 billion, compared to PKR 4.38 billion in the same period of the previous fiscal year. Consequently, earnings per share (EPS) increased to PKR 4.69, up from PKR 4.39.

The company also delivered a strong third-quarter performance, recording quarterly revenue of PKR 12.68 billion and quarterly profit after tax of PKR 2.29 billion, reflecting continued demand across its key business segments.

In its directors’ report, Ghani Glass highlighted that Pakistan’s macroeconomic environment showed signs of stabilization during the quarter, supported by easing inflation, stronger foreign exchange reserves, improved business confidence, and growth in large-scale manufacturing. The company noted that these developments have created a relatively favorable environment for cyclical industries, including glass manufacturing.

However, management also cautioned that regional geopolitical tensions, particularly the ongoing conflict involving Iran, have increased energy and raw material costs while disrupting supply chains. Given the energy-intensive nature of glass manufacturing, these factors continue to put pressure on production costs, profit margins, and the industry’s overall competitiveness.

Despite these headwinds, Ghani Glass expressed confidence in its long-term outlook, emphasizing its commitment to maintaining product quality and operational excellence. The board acknowledged the continued support of customers, dealers, suppliers, financial institutions, and employees for contributing to the company’s steady performance during the period.