KARACHI: Imperial Limited posted a significant increase in profitability for the nine months ended March 31, 2026, with net profit rising to Rs120.17 million, compared to Rs91.19 million recorded during the corresponding period last year, reflecting a year-on-year growth of nearly 32%. The improvement was supported by gains from discontinued operations and a sharp increase in other income, despite a decline in revenue.
According to the company’s condensed interim financial statements, revenue declined to Rs169.26 million during the nine-month period from Rs246.83 million a year earlier. However, other income surged to Rs50.99 million, compared with only Rs0.83 million in the same period last year, helping offset the impact of lower sales.
Profit from continuing operations stood at Rs52.88 million, down from Rs116.17 million in the corresponding period of the previous year due to lower operating profit and higher tax expenses. Meanwhile, the company recorded a Rs67.29 million profit from discontinued operations, compared with a loss of Rs24.99 million in the same period last year, significantly boosting overall earnings.
As a result, earnings per share (EPS) increased to Rs1.21, compared with Rs0.92 in the corresponding period of FY2025, reflecting improved returns for shareholders.
On the financial position front, Imperial Limited’s total assets remained largely stable at Rs12.77 billion as of March 31, 2026. Shareholders’ equity strengthened to Rs10.50 billion, compared with Rs10.38 billion at the end of June 2025, supported by retained earnings generated during the period.
The company’s cash balance, however, declined sharply to Rs10.74 million from Rs191.83 million at the beginning of the financial year, reflecting cash outflows from operating and investing activities. Net cash used in operating activities amounted to Rs136.54 million, while investing activities consumed an additional Rs20.18 million during the period.
Imperial Limited noted that it continues to pursue its hydroponic agriculture project, which involves the cultivation of selected vegetables. The company stated that the project is currently in the installation and development phase and is expected to be completed during the next financial year.