LSE Ventures Reports 13% Growth in Quarterly Profit, Earnings Per Share Rises to Rs0.14

LSE Ventures Limited (LSEVL) has reported an increase in profitability for the first quarter ended September 30, 2026, with its net profit rising to Rs57.41 million compared with Rs50.98 million in the corresponding period last year.

According to the financial results submitted to the Pakistan Stock Exchange (PSX), the company recorded revenue of Rs119.38 million during the quarter, up from Rs89.37 million in the same period of the previous year, reflecting a growth of approximately 34%.

The company’s operating profit increased to Rs64.95 million against Rs58.23 million a year earlier. However, administrative and general expenses rose to Rs49.18 million from Rs31.14 million, while other operating expenses amounted to Rs5.25 million during the reporting period.

LSE Ventures also recorded other income of Rs10.23 million, compared with just Rs28,000 in the corresponding quarter last year. Its share of post-tax profits from associates stood at Rs2.27 million, down from Rs4.32 million.

Profit before levy and taxation reached Rs77.44 million, compared with Rs62.57 million in the same quarter of the previous year. After accounting for a levy of Rs17.91 million and taxation of Rs2.13 million, the company posted a net profit of Rs57.41 million.

Earnings per share (EPS) improved to Rs0.14 from Rs0.13 in the corresponding quarter last year, indicating an improvement in per-share profitability.

The company’s balance sheet also showed an increase in total assets, which reached Rs5.39 billion as of September 30, 2026, compared with Rs5.22 billion at June 30, 2026. Investments in associates increased to Rs2.81 billion from Rs2.72 billion, while financial assets stood at approximately Rs1.98 billion.

Total equity increased to Rs4.55 billion from Rs4.43 billion at the end of June 2026. Meanwhile, cash and bank balances declined to Rs32.72 million from Rs67.13 million.

The company’s total comprehensive income for the quarter amounted to Rs121.73 million, supported by other comprehensive income of Rs64.32 million, including fair value gains on investments and the share of other comprehensive income of associates.

Regarding shareholder distributions, the Board of Directors did not recommend any cash dividend, bonus shares, right shares or other corporate action for the quarter.

The financial results reflect improved revenue and profitability during the opening quarter of FY2027, while the company’s growing asset base and investment portfolio remain important factors to watch in the coming quarters.