KARACHI: Intermarket Securities Limited (PSX: IMSL) has reported a strong financial performance for the nine months ended March 31, 2026, with profit after tax increasing by nearly 49% year-on-year, driven by robust growth in operating revenue despite higher administrative expenses and tax charges.
According to the company’s latest financial results, Intermarket Securities posted a profit after tax of Rs451.23 million for the nine-month period, compared with Rs302.74 million in the corresponding period last year. Earnings per share (EPS) improved to Rs0.35, up from Rs0.24 a year earlier.
The brokerage firm’s operating revenue surged to Rs1.431 billion, marking a significant increase from Rs992.78 million in the same period of FY2025. Total revenue, including net income from investments, reached Rs1.436 billion, reflecting stronger business activity during the period.
Administrative expenses rose to Rs717.14 million from Rs637.86 million, while finance costs declined to Rs65.60 million compared with Rs92.11 million in the corresponding period last year, providing support to the company’s bottom line.
For the third quarter alone, the company earned Rs80.81 million, broadly in line with the Rs81.34 million reported in the same quarter last year.
Intermarket Securities also reported a substantial improvement in its financial position. Cash and bank balances increased sharply to Rs994.63 million as of March 31, 2026, from Rs170.32 million at the end of June 2025. Meanwhile, total assets expanded to Rs4.53 billion, reflecting growth in trade receivables, margin financing, and liquid assets.
The company’s unappropriated profit climbed to Rs1.308 billion, strengthening shareholders’ equity to Rs1.97 billion by the end of the reporting period.
The Board of Directors, in its meeting held on April 28, 2026, approved the unaudited financial statements for the quarter and nine months ended March 31, 2026. The board did not recommend any cash dividend, bonus shares, right shares, or any other corporate action for the period.
