Lahore, April 29, 2026: Pak Elektron Limited (PEL) has reported a strong financial performance for the first quarter ended March 31, 2026, posting a notable increase in profitability driven by higher sales and improved operating performance. The company shared its unaudited financial results following a meeting of its Board of Directors held on April 29, 2026.

PEL recorded revenue from contracts with customers of Rs27.08 billion, compared with Rs19.39 billion in the corresponding quarter last year, reflecting robust growth in business activity. After accounting for sales tax and discounts, net revenue climbed to Rs20.22 billion, up from Rs14.47 billion a year earlier.

The company’s gross profit increased by 32% to Rs4.97 billion, compared with Rs3.77 billion in the first quarter of 2025. Despite higher selling, distribution and administrative expenses associated with increased business operations, PEL generated an operating profit of Rs2.22 billion, up from Rs1.95 billion in the same period last year.

Profit before tax stood at Rs1.52 billion, while profit after tax reached Rs870.24 million, representing an increase of approximately 32% from Rs657.03 million reported in the corresponding quarter of 2025. Consequently, earnings per share (EPS) improved to Rs0.94, compared with Rs0.71 a year earlier.

The company’s financial position remained stable at the end of the quarter. Total assets stood at Rs86.24 billion, while shareholders’ equity increased to Rs50.31 billion, supported by higher retained earnings generated during the period. Cash and bank balances also improved to Rs1.42 billion, compared with Rs1.14 billion at the end of December 2025.

PEL also reported healthy cash generation from operations. Net cash generated from operating activities amounted to Rs3.52 billion, a significant turnaround from a net cash outflow recorded in the same period last year, reflecting stronger operational efficiency and improved working capital management.

The Board of Directors did not recommend any cash dividend, bonus shares, or right shares for the quarter ended March 31, 2026.