{"id":136,"date":"2026-05-25T04:54:24","date_gmt":"2026-05-25T04:54:24","guid":{"rendered":"https:\/\/finance.brands.pk\/?p=136"},"modified":"2026-05-26T04:57:27","modified_gmt":"2026-05-26T04:57:27","slug":"tariq-corporation-reports-financial-results-for-half-year-ended-march-31-2026","status":"publish","type":"post","link":"https:\/\/finance.brands.pk\/?p=136","title":{"rendered":"Tariq Corporation Reports Financial Results for Half Year Ended March 31, 2026"},"content":{"rendered":"

Tariq Corporation Limited<\/span><\/span> has announced its unaudited financial results for the half year ended March 31, 2026, highlighting significant revenue growth, improved profitability, and a proposed right issue aimed at strengthening the company\u2019s capital base.<\/p>\n

According to the company\u2019s filing submitted to the Pakistan Stock Exchange on May 25, 2026, the Board of Directors approved the condensed interim financial statements during a meeting held at the company\u2019s registered office in Lahore.<\/p>\n

Revenue and Profitability Improve<\/h3>\n

For the half year ended March 31, 2026, Tariq Corporation recorded net revenue of Rs. 8.17 billion, compared to Rs. 5.45 billion during the corresponding period last year, reflecting strong year-on-year growth. Gross profit increased to Rs. 356.1 million from Rs. 204 million previously.<\/p>\n

The company posted profit after taxation of Rs. 55.1 million, compared to Rs. 29.8 million in the same period of 2025. Earnings per share (EPS) improved to Rs. 0.83 on a diluted basis versus Rs. 0.52 last year.<\/p>\n

During the second quarter alone, Tariq Corporation earned Rs. 33.5 million after tax, recovering from a loss recorded in the same quarter last year.<\/p>\n

Right Issue Announced<\/h3>\n

The Board has recommended the issuance of 15.79 million ordinary shares through a right issue. Existing shareholders will be entitled to subscribe in the proportion of 23.855376 ordinary shares for every 100 shares held at a price of Rs. 20 per share, including a premium of Rs. 10 per share.<\/p>\n

The company stated that the dates for book closure regarding the right issue will be announced separately after completion of the required regulatory procedures under the Companies (Further Issue of Shares) Regulations, 2020.<\/p>\n

Preference Dividend Declared<\/h3>\n

Tariq Corporation\u2019s Board also recommended a cumulative preferential cash dividend on preference shares at the rate of 10% per annum, equivalent to Re.1 per preference share, for the years ended September 30, 2024 and September 30, 2025.<\/p>\n

The share transfer books for determining entitlement to the preference dividend will remain closed from June 9, 2026 to June 16, 2026.<\/p>\n

Financial Position<\/h3>\n

As of March 31, 2026, the company reported total assets of approximately Rs. 9.71 billion, up from Rs. 8.60 billion recorded at the close of September 2025. Equity and reserves also strengthened during the period, supported by improved earnings and financing activities.<\/p>\n

Cash flow from operations remained under pressure due to working capital adjustments and higher inventory levels; however, the company secured financing support and increased short-term borrowings to maintain operational liquidity.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tariq Corporation Limited has announced its unaudited financial results for the half year ended March 31, 2026, highlighting significant revenue growth, improved profitability, and a proposed right issue aimed at strengthening the company\u2019s capital base. According to the company\u2019s filing submitted to the Pakistan Stock Exchange on May 25, 2026, the Board of Directors approved […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[86],"tags":[55],"class_list":["post-136","post","type-post","status-publish","format-standard","hentry","category-tariq-corporation-limited-tcorp-psx","tag-financial-results","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=136"}],"version-history":[{"count":1,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/136\/revisions"}],"predecessor-version":[{"id":137,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/136\/revisions\/137"}],"wp:attachment":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}