Tri-Star Power Limited Reports Profit of Rs335.83 Million for FY2026
Tri-Star Power Limited has reported a return to profitability for the financial year ended June 30, 2026, posting a net profit of Rs335.83 million compared with a net loss of Rs10.32 million recorded in the previous financial year.
According to the financial results submitted to the Pakistan Stock Exchange (PSX), the company’s board of directors met on November 5, 2026, in Karachi to review the annual financial performance and recommended no cash dividend, bonus shares, or rights shares for shareholders.
The company’s financial statements show revenue of Rs13.2 million during FY2026, while the cost of sales stood at Rs557,956, resulting in a gross profit of Rs12.64 million. In the preceding financial year, the company reported no revenue and recorded a gross loss of Rs282,724.
Administrative and general expenses amounted to Rs14.14 million, compared with Rs14.48 million in FY2025. Consequently, the company reported an operating loss of Rs1.50 million, significantly lower than the operating loss of Rs14.70 million recorded a year earlier.
Other income stood at Rs2 million during the year, compared with Rs4.80 million in the previous financial year. After accounting for taxation of Rs165,000, the company recorded a profit after taxation of Rs335,829, while its earnings per share improved to Rs0.02 against a loss per share of Rs0.69 in FY2025.
On the balance sheet front, Tri-Star Power Limited’s total assets increased to Rs249.73 million as of June 30, 2026, compared with Rs216.61 million a year earlier. Shareholders’ equity also improved to Rs194.12 million from Rs173.68 million.
Long-term investments increased to Rs101.37 million from Rs81.26 million, while property, plant and equipment rose to Rs5.05 million compared with Rs2.58 million in the previous year. Cash and bank balances stood at Rs42.11 million at the end of FY2026, slightly below Rs42.89 million recorded in FY2025.
The company’s statement of changes in equity also reflected an increase in unrealized gains on investments through other comprehensive income, which reached Rs23.06 million compared with Rs2.96 million in the previous year.
Meanwhile, the company’s cash and cash equivalents decreased by Rs777,644 during FY2026, closing the year at Rs42.11 million.
The return to profitability and improvement in shareholders’ equity represent positive developments in Tri-Star Power Limited’s annual financial performance. However, the company has not announced any dividend distribution for the financial year, while its reported earnings per share remained modest at Rs0.02.
The company’s annual report for the year ended June 30, 2026, will be submitted separately through the Pakistan Unified Corporate Action Reporting System (PUCARS), within the specified timeframe.
