Pervez Ahmed Consultancy Services Limited (PSX: PACS) has announced its financial results for the nine-month period ended March 31, 2026, reporting a significant decline in profitability compared to the corresponding period last year. The company’s board of directors approved the unaudited financial statements during its meeting held on April 28, 2026.
The company posted a profit after taxation of Rs510,915 for the nine months ended March 31, 2026, a sharp drop from Rs6.97 million earned during the same period last year. Consequently, earnings per share (EPS) declined to Rs0.003, compared with Rs0.037 in the corresponding period of 2025.
The weaker financial performance was primarily driven by a substantial reduction in the company’s share of profit from its associate, which fell to Rs1.09 million from Rs7.94 million a year earlier. Although gains from changes in the fair value of investments increased to Rs693,559 from Rs337,819, these were insufficient to offset higher administrative expenses and the lower contribution from associated investments.
On a quarterly basis, the company recorded a loss after taxation of Rs10.58 million for the quarter ended March 31, 2026, compared with a loss of Rs2.06 million in the same quarter last year. Quarterly loss per share widened to Rs0.057, highlighting the pressure on earnings during the third quarter.
The board of directors also announced that it has not recommended any cash dividend, bonus shares, or right shares for the period under review, reflecting the company’s cautious approach amid subdued financial performance.
According to the interim financial statements, the company’s investment portfolio remained its principal asset, while accumulated losses continued to weigh on shareholders’ equity. Despite the decline in earnings, the company maintained stable cash balances and reported no major changes in its capital structure during the period.
Investors will likely monitor the company’s future performance closely, particularly the contribution from its associated investments, which has historically been a key driver of profitability. Improving returns from these investments and controlling operating costs will remain essential for strengthening financial performance in the coming quarters.
