KARACHI: Ghani Value Glass Limited (PSX: GVGL) has announced its financial results for the nine months ended March 31, 2026, reporting a net profit of Rs773.28 million, despite facing higher taxation during the period. The company’s Board of Directors approved the results at its meeting held on April 28, 2026.
According to the financial statement, the company recorded net sales of Rs5.01 billion, compared with Rs4.52 billion in the corresponding period last year, reflecting an increase of nearly 11%. Higher sales also lifted the company’s gross profit to Rs1.81 billion, up from Rs1.68 billion a year earlier.
Operating profit improved to Rs1.08 billion, supported by stronger revenue generation and an increase in other income to Rs173.83 million. Profit before taxation rose to Rs1.25 billion, compared with Rs1.13 billion in the same period of the previous year. However, a significantly higher tax charge of Rs477.74 million reduced the company’s bottom-line earnings.
As a result, profit after tax stood at Rs773.28 million, down from Rs861.62 million recorded during the corresponding nine-month period of last year. Consequently, earnings per share (EPS) declined to Rs5.16, compared with Rs5.75 previously.
For the third quarter alone, Ghani Value Glass earned Rs325.76 million, slightly lower than Rs331.75 million reported in the same quarter last year, while quarterly EPS came in at Rs2.17, compared with Rs2.21.
The Board of Directors did not recommend any cash dividend, bonus shares, right shares, or any other corporate action along with the financial results.
The company’s financial position also strengthened during the period, with total assets increasing to Rs7.01 billion as of March 31, 2026, compared with Rs6.57 billion at the end of June 2025, reflecting continued growth in operations and working capital.
