KARACHI: Tariq Corporation Limited (PSX: TCORP) reported a profit after tax of Rs81.25 million for the nine months ended June 30, 2026, marking a significant improvement from the Rs7.72 million earned during the corresponding period last year, driven by higher sales and improved operating performance.
According to the company’s financial results approved by its Board of Directors on July 29, 2026, net revenue from contracts with customers increased to Rs8.84 billion, compared with Rs7.51 billion in the same period of 2025. Gross revenue rose to Rs10.57 billion, reflecting stronger business activity during the period.
Gross profit more than doubled to Rs363.06 million, up from Rs163.13 million a year earlier. The company also recorded an operating profit of Rs294.01 million, reversing an operating loss of Rs91.02 million reported in the corresponding period last year.
Profit before income tax stood at Rs60.82 million, compared with a pre-tax loss of Rs78.38 million in the same period of 2025. After accounting for tax, the company posted a net profit of Rs81.25 million, translating into earnings per share (EPS) of Rs1.23, compared with EPS of Rs0.12 last year.
For the quarter ended June 30, 2026, Tariq Corporation earned Rs26.14 million, compared with a loss of Rs25.75 million in the corresponding quarter of the previous year. Quarterly EPS improved to Rs0.39, reversing a loss per share of Rs0.39 recorded a year earlier.
On the financial position side, the company’s total assets increased to Rs9.35 billion as of June 30, 2026, from Rs8.60 billion at the end of September 2025. Shareholders’ equity also strengthened, supported by higher retained earnings, while unappropriated profit rose to Rs592.67 million from Rs472.80 million at the beginning of the financial year.
The Board of Directors did not recommend any cash dividend, bonus shares, right issue, or other corporate action for the period under review.
