KARACHI: UDL International Limited has reported a significant improvement in its financial performance for the nine months ended March 31, 2026, posting a profit after tax of Rs45.0 million, compared to Rs2.97 million recorded during the corresponding period last year, reflecting strong growth in investment income and improved operational performance.

According to the company’s condensed interim financial statements, investment and other income surged to Rs96.91 million during the nine-month period, up sharply from Rs28.93 million a year earlier. This substantial increase played a key role in boosting the company’s profitability despite higher operating expenses.

The company reported earnings per share (EPS) of Rs1.28 for the nine months ended March 31, 2026, compared with Rs0.08 in the same period of the previous financial year. Quarterly earnings also improved, with UDL International posting a profit after tax of Rs7.61 million for the third quarter, compared to a loss of Rs5.09 million in the corresponding quarter last year.

Operating expenses increased to Rs40.71 million during the review period from Rs38.99 million a year earlier, while financial charges remained minimal at Rs64,201. Despite the rise in expenses, the company’s stronger investment returns enabled it to deliver a healthy bottom-line performance.

On the balance sheet, UDL International’s total assets expanded to Rs762.49 million as of March 31, 2026, compared to Rs617.65 million at the end of June 2025. Cash and bank balances rose significantly to Rs365.93 million, strengthening the company’s liquidity position. Shareholders’ equity also increased to Rs722.04 million from Rs573.25 million at the start of the financial year.

The Board of Directors approved the unaudited financial results in its meeting held on April 29, 2026. The board did not announce any cash dividend, bonus shares, right shares, or other corporate entitlement for shareholders for the period under review.

The latest results underscore UDL International’s improved financial position, supported primarily by higher investment income and a stronger cash position, providing the company with greater financial flexibility going forward.