KARACHI: Dawood Equities Limited has reported a strong financial performance for the nine months ended March 31, 2026, posting a significant increase in profitability driven by higher revenues and improved operating results. The company disclosed its financial results following a meeting of its Board of Directors held on April 27, 2026.
According to the financial statements, Dawood Equities recorded a profit after tax of Rs82.77 million during the nine-month period, compared with Rs48.59 million in the corresponding period last year, representing an increase of nearly 70%.
The company’s gross revenue rose to Rs275.93 million, up from Rs177.14 million a year earlier. After deducting commission expenses, net revenue increased to Rs157.75 million, reflecting improved business activity during the period.
Despite reporting a capital loss of Rs1.77 million on the disposal of investments, compared with a capital gain in the previous year, the company benefited from Rs12.57 million in other operating income and a reversal of expected credit losses amounting to Rs4.30 million. These factors helped strengthen overall profitability.
Profit before taxation climbed to Rs104.44 million, while earnings per share (EPS) improved to Rs3.01, compared with Rs1.77 in the same period last year, highlighting stronger returns for shareholders.
On the balance sheet, total assets increased to Rs810.72 million as of March 31, 2026, from Rs794.07 million at the end of June 2025. Shareholders’ equity also strengthened, rising to Rs457.08 million, supported by higher retained earnings and reserve growth.
The company also reported total comprehensive income of Rs86.48 million, reflecting both net profit and gains on the remeasurement of investments classified at fair value through other comprehensive income.
The Board of Directors did not recommend any cash dividend, bonus shares, right shares, or any other corporate action for the period under review.
