LSE Capital Reports Rs14 Million Profit for First Quarter of FY2026-27

LSE Capital Limited has reported a net profit of Rs14.03 million for the first quarter ended September 30, 2026, compared with a profit of Rs39.49 million in the corresponding period last year, reflecting a decline of approximately 64.5%.

According to the financial results submitted to the Pakistan Stock Exchange (PSX), the company’s earnings per share (EPS) stood at Rs0.04, compared with Rs0.10 in the same quarter of the previous year.

The company’s net revenue increased to Rs44.03 million during the quarter, up from Rs38.18 million in the corresponding period last year, representing growth of approximately 15.3%.

However, administrative and general expenses increased to Rs45.64 million from Rs34.54 million, while other operating expenses rose to Rs4.27 million compared with Rs3.35 million previously. Consequently, LSE Capital recorded an operating loss of Rs5.87 million against an operating profit of Rs0.30 million in the same period last year.

Other income amounted to Rs30.90 million, compared with Rs39.02 million in the corresponding quarter. Meanwhile, the company’s share of post-tax profits from associates increased to Rs15.95 million from Rs14.66 million.

Finance costs increased considerably to Rs16.18 million from Rs4.34 million, putting additional pressure on quarterly earnings. Profit before taxation declined to Rs24.66 million from Rs39.49 million, while taxation amounted to Rs10.63 million during the quarter.

Despite the lower net profit, the company reported total comprehensive income of Rs29.25 million, supported by Rs15.22 million in other comprehensive income.

Balance Sheet Position

LSE Capital’s total assets stood at Rs4.25 billion as of September 30, 2026, compared with Rs4.22 billion at June 30, 2026. Investments in subsidiaries and associates increased to Rs1.71 billion from Rs1.58 billion.

The company’s equity increased to Rs3.69 billion from Rs3.66 billion at the end of the previous financial year. Unappropriated profit also improved to Rs1.35 billion from Rs1.32 billion.

However, cash and bank balances declined to Rs5.62 million from Rs62.27 million, while total current assets decreased to Rs736.20 million from Rs831.68 million.

No Dividend Announced

The Board of Directors, in its meeting held on October 30, 2026, did not recommend any cash dividend, bonus shares, right shares or other corporate action for the quarter ended September 30, 2026.

The company stated that its first quarterly report would be transmitted separately through PUCARS within the prescribed timeframe.

Overall, LSE Capital’s first-quarter results reflect improved revenue and a stronger contribution from associates, but higher operating expenses and finance costs weighed on profitability. Investors will likely monitor the company’s cost structure, investment performance and earnings trajectory in the coming quarters.