First Imrooz Modaraba has released its un-audited financial results for the first quarter ended September 30, 2026, showing a significant turnaround from a loss to a profit.
- Revenue for the quarter decreased by 6% to PKR 237.83M compared to PKR 252.40M in the same period last year.
- Gross profit surged by 74% to PKR 87.34M, up from PKR 50.11M, driven by favorable market conditions.
- The Modaraba reported a net profit of PKR 31.13M, a recovery from a loss of PKR 2.18M in Q1 2025, resulting in earnings per certificate of PKR 10.38.
- Operating expenses rose to PKR 42.32M from PKR 33.00M, reflecting increased operational costs.
- Cash and bank balances improved to PKR 22.72M from PKR 15.43M at the end of the previous quarter.
- The report is un-audited and reflects the company's ongoing focus on cost control and operational efficiency.