ISLAMABAD: Secure Logistics–Trax Group Limited (formerly Secure Logistics Group Limited) reported a strong start to FY2026, posting a significant increase in profitability for the quarter ended March 31, 2026, driven by higher revenues and improved operational performance.
According to the company’s unaudited consolidated financial statements, net profit after tax rose to Rs212.01 million during the first quarter of FY2026, compared to Rs160.22 million in the corresponding period last year. This represents an increase of approximately 32% year-on-year. Earnings per share (EPS) stood at Rs0.50, compared with Rs0.59 in the same quarter of the previous year, reflecting the impact of an increase in the company’s outstanding share capital.
The group’s net revenue climbed to Rs677.09 million, marking an improvement of around 12% from Rs530.12 million recorded in the same period last year. The increase was supported by stronger contributions from its logistics, courier, warehouse, distribution, and security-related business segments.
Despite rising operational costs, the company generated a gross profit of Rs185.40 million, although margins narrowed compared to last year due to higher service delivery expenses. Administrative expenses also increased during the quarter as the company continued investing in business expansion and operational capabilities.
A notable boost to the quarter’s performance came from other income of Rs188.45 million, which helped offset higher finance costs and operating expenses, allowing the group to deliver a solid bottom-line result.
On the financial position side, total assets increased to Rs10.11 billion as of March 31, 2026, compared with Rs9.98 billion at the end of December 2025. Shareholders’ equity also strengthened, reaching Rs7.87 billion, supported by retained earnings generated during the quarter.
The company also continued to invest in its asset base during the period, including additions to property, equipment, and right-of-use assets, reflecting its ongoing focus on expanding logistics infrastructure and enhancing service capabilities.
Secure Logistics–Trax Group operates across multiple business segments, including logistics and fleet management, courier services, security solutions, warehouse operations, and technology-enabled tracking services through its subsidiaries. The latest quarterly results indicate that the group’s diversified business model continues to support steady earnings growth despite a challenging operating environment.
