KARACHI: Clover Pakistan Limited has announced its financial results for the nine-month period ended March 31, 2026, reporting a net profit of Rs196.5 million, reflecting a modest decline from Rs212.3 million recorded in the corresponding period last year. The financial statements were approved by the company’s Board of Directors at its meeting held on April 29, 2026.
The company delivered strong revenue growth during the period, with net sales rising to Rs4.31 billion, compared to Rs2.63 billion in the same period of the previous year. This significant increase in revenue highlights robust business activity and improved market demand for the company’s products.
Despite the impressive rise in sales, Clover Pakistan’s cost of sales climbed sharply to Rs4.01 billion from Rs2.26 billion, limiting the improvement in profitability. As a result, gross profit stood at Rs305.96 million, down from Rs373.75 million a year earlier, while gross margins came under pressure.
The company’s operating profit declined to Rs218.83 million from Rs238.92 million, reflecting the impact of higher administrative and selling expenses as well as increased operating costs. Profit before taxation reached Rs174.19 million, compared with Rs198.10 million in the corresponding period of last year.
For the third quarter alone, Clover Pakistan posted a net profit of Rs93.78 million, more than doubling from Rs40.49 million reported in the same quarter last year. Quarterly revenue also surged to Rs1.63 billion, indicating improved business momentum during the final quarter under review.
On the balance sheet, the company’s total assets increased to approximately Rs1.08 billion, compared with Rs653.6 million as of June 30, 2025. Shareholders’ equity also strengthened, reaching Rs728.4 million, supported by retained earnings generated during the period.
Clover Pakistan also reported that earnings per share (EPS), after accounting for the recent subdivision of shares, stood at Rs0.50 for the nine-month period, compared with Rs0.55 in the corresponding period last year.
The results indicate that while Clover Pakistan continues to achieve strong revenue growth, rising input and operating costs remain a key challenge. Going forward, investors will closely watch the company’s ability to improve margins and convert higher sales into stronger bottom-line growth.
