Ittefaq Iron Industries Limited has released its unaudited financial results for the quarter ended September 30, 2026. The report indicates a continued struggle with profitability, reflecting a significant loss compared to the previous year.
- Revenue for the quarter stood at PKR 475.21M, down from PKR 478.75M in the same quarter last year.
- Gross loss reported at PKR 25.04M, an improvement from a gross loss of PKR 41.79M year-on-year.
- Net loss after taxation reached PKR 65.31M, compared to a loss of PKR 86.77M in the prior year.
- Earnings per share (EPS) reported at PKR (0.45), improving from PKR (0.61) in the previous year.
- Total equity decreased to PKR 3,106.49M from PKR 3,171.80M as of June 30, 2026.
- The company continues to face challenges with high finance costs and operational expenses impacting profitability.