KARACHI: IGI Holdings Limited has announced its financial results for the quarter ended March 31, 2026, reporting a higher standalone loss while maintaining its policy of not declaring any cash dividend, bonus shares, or right shares for the period. The results were approved by the company’s Board of Directors at its meeting held on April 27, 2026.
On an unconsolidated basis, the company posted a loss after taxation of Rs93.97 million for the first quarter of 2026, compared with a loss of Rs78.22 million in the corresponding period last year. Consequently, loss per share increased to Rs0.66, compared with Rs0.55 a year earlier.
The company generated other income of Rs1.35 million during the quarter, while general and administrative expenses stood at Rs45.41 million. Finance costs remained significant at Rs49.75 million, resulting in a loss before taxation of Rs93.82 million.
IGI Holdings’ standalone financial position remained largely stable despite the quarterly loss. Total assets increased marginally to Rs18.857 billion as of March 31, 2026, compared with Rs18.856 billion at the end of December 2025. Meanwhile, total equity declined slightly to Rs16.626 billion from Rs16.720 billion, reflecting the impact of the quarterly loss.
The Board of Directors also announced that shareholders will not receive any cash dividend, bonus shares, right shares, or any other corporate entitlement for the quarter. Additionally, the company confirmed that there was no other price-sensitive information to disclose alongside the financial results.
On a consolidated basis, IGI Holdings and its subsidiaries reported profit after taxation of Rs356.06 million for the quarter ended March 31, 2026, compared with Rs507.32 million in the same period last year. Earnings attributable to the equity holders of the parent amounted to Rs342.30 million, translating into earnings per share (EPS) of Rs2.40, down from Rs3.47 in the corresponding quarter of 2025.
The company stated that its detailed quarterly report will be made available through the Pakistan Unified Corporate Action Reporting System (PUCARS) and on its official website within the prescribed timeframe.
