KARACHI: Tri-Star Mutual Fund Limited has announced its financial results for the nine months ended March 31, 2026, reporting a notable improvement in overall performance as the fund recorded total comprehensive income of Rs9.56 million, supported by gains in investment valuations and higher profitability.
According to the financial statements approved by the company’s Board of Directors in its meeting held on April 30, 2026, the fund did not recommend any cash dividend, bonus certificates, rights issue, or any other entitlement for certificate holders.
During the nine-month period, Tri-Star Mutual Fund posted a profit after taxation of Rs5.83 million, compared with Rs31.53 million earned in the corresponding period of the previous year. However, the fund benefited from other comprehensive income of Rs3.73 million, lifting total comprehensive income to Rs9.56 million. Earnings per certificate stood at Rs1.91, compared with Rs5.65 in the same period last year.
The fund’s net assets increased to Rs95.90 million as of March 31, 2026, from Rs86.34 million at the end of June 2025. The improvement was primarily driven by higher retained earnings and a significant reduction in unrealized losses on investments, reflecting stronger portfolio performance during the reporting period.
Tri-Star Mutual Fund’s investment portfolio also expanded, with total investments rising to Rs124.99 million from Rs112.61 million at the close of the previous financial year. Consequently, the net asset value (NAV) per certificate increased to Rs19.18, up from Rs17.27, indicating enhanced value for certificate holders.
On the cash flow front, the fund reported a net cash outflow of Rs417,892 during the nine-month period, leaving cash and cash equivalents at Rs42,349 as of March 31, 2026.
The company stated that its detailed quarterly report for the period ended March 31, 2026, will be transmitted separately through the relevant regulatory platform in accordance with applicable disclosure requirements.
